FRONTIER · APAC
SK Hynix plans $29.65 billion Nasdaq ADR listing as soon as July 10
South Korea's second-largest chipmaker SK Hynix intends to list American Depositary Receipts on Nasdaq in July, issuing 17.79M shares worth 45.45 trillion won ($29.65B) to fund AI chip expansion.
WHY IT MATTERS
Major memory chip supplier seeks US capital to compete in AI inference and training infrastructure; signals confidence in sustained AI capex cycle and opens door to US institutional chip exposure.
Source: CNBC · 2026-06-24