Business

SK hynix Raises $26.5bn in US Listing

Updated 2026-07-10 05:25 UTC 1 source Neutral

South Korean chip maker SK hynix raised $26.5 billion in a massive U.S. listing, capitalizing on the global AI boom and demand for advanced memory chips.

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The Guardian
SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the
2026-07-10 05:06 UTC
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