AI Memory Giant SK Hynix Raises $26.5 Billion in U.S. Stock Offering

SK Hynix officially joined the Nasdaq on Friday, raising approximately $26.5 billion through the sale of American Depositary Receipts priced at $149 each. The BBC reports that the offering is the largest U.S. stock market listing ever by a foreign company. Ahead of the offering, SK Hynix held an investor roadshow across Asia, Europe, and … Continue reading AI Memory Giant SK Hynix Raises $26.5 Billion in U.S. Stock Offering