Tech

SK Hynix's IPO Surpasses Alibaba Record

Updated 2026-07-10 17:40 UTC 1 source Positive

South Korean chipmaker SK Hynix had a successful Wall Street debut, raising $26.5 billion and surpassing Alibaba’s record as the largest foreign company IPO in history.

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The Verge
As the AI boom boosts demand for RAM, SK Hynix - one of the world's biggest suppliers of memory chips - launched on Wall Street Friday. The South Korean chipmaker opened at $170 per share and raised $26.5 billion, surpassing Alibaba's record as the largest debut of a foreign company, according to re
2026-07-10 17:31 UTC
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