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48 AI memory giant SK Hynix prices $26.5 billion Nasdaq listing after 7x investor demand

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Daniel Levi @ Startups News 1 place · today 13:25 EDT

AI memory giant SK Hynix prices $26.5 billion Nasdaq listing after 7x investor demand

Wall Street is making another big bet on the AI infrastructure boom. SK Hynix has priced its American Depositary Receipts at $149 each, raising about $26.5 billion in one of the largest U.S. equity offerings by an Asian company. Investor ...

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