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77 SK Hynix’s Nasdaq listing raises $26.5 billion to fund Korea’s AI memory expansion

Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 1 place · today 06:00 EDT

SK Hynix’s Nasdaq listing raises $26.5 billion to fund Korea’s AI memory expansion

The SK Hynix Nasdaq listing gives US investors direct access to the HBM market leader, with proceeds funding new fabs in South Korea Analysts expect the debut to lift SK Hynix’s valuation closer to Micron’s, while a 200% run-up leaves the memory cycle question open The SK Hynix Nasdaq listing has raised approximately $26.5 billion, ...

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