SK Hynix Debut

SK Hynix's U.S. listing soared as investors bet big on AI memory chips.

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Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company | Fortune

Trillion-dollar South Korean chipmaker SK Hynix debuts on Nasdaq at $170 a share, signaling strong AI appetite among traders

SK Hynix rises 13% in Nasdaq debut. Chairman tells CNBC 'demand is enormous'

Summary

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SK Hynix raised $26.5 billion in its U.S. market debut, selling 177.9 million American depositary shares at $149 each in the largest U.S. public raise by a foreign company. The South Korean memory-chip maker opened on Nasdaq at $170 and closed at $168.01, up about 13%, under the temporary ticker SKHYV. The listing gives U.S. investors direct access to a major Nvidia memory supplier as AI-related demand lifts orders for high-bandwidth memory chips.

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