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Finance / General

South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing

Source: guardianTech July 9, 2026 · 22:06
South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing
Photo by Adriano Ponte Abreu · Pexels
From the publisher
SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the world’s biggest ever stock sales.The Asian semiconductor giant plans to issue the equivalent of about 18m shares on Wall Street’s tech-heavy Nasdaq index later in the day. Continue reading...

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Capital
Seoul
Region
East Asia & Pacific
Income level
High income
ISO code
KOR
Data: World Bank
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