Business

SK Hynix Surges After Nasdaq Listing Plans

Updated 2026-06-25 00:40 UTC 2 sources Positive

South Korean chip giant SK Hynix's shares surged 11% after the company announced plans to file for a blockbuster $29.4 billion Nasdaq listing, potentially giving investors more opportunities in the memory market.

Coverage timeline — 2 articles

MarketWatch

Why SK Hynix’s $30 billion U.S. listing could be a double-edged sword for Micron’s stock

The South Korean memory company could give investors more opportunities beyond Micron, though it may also raise awareness of industry dynamics.

2026-06-25 00:22 UTC

CNBC

SK Hynix surges 11% after filing for blockbuster Nasdaq listing

Shares of South Korean chip giant SK Hynix surged 11% on Thursday after the company said it is seeking to raise as much as $29.4 billion.

2026-06-25 00:34 UTC