SK Hynix

Core Summary According to Reuters and Barron’s, South Korean memory chipmaker SK Hynix has seen its stock decline sharply following its secondary listing on Nasdaq. The company had just set a record for the largest foreign company US listing at $26.5 billion, with shares surging 17 percent on the first day. However, market sentiment reversed within days as investors began reassessing return timelines and profit expectations for AI memory chip investments. ...

South Korean memory chip giant SK Hynix completed its secondary listing on Nasdaq, raising $26.5 billion in the largest-ever foreign company IPO in the US. Shares surged 17% on the first day.

South Korean chip giant SK Hynix announced a US listing on NASDAQ, planning to raise $26.5 billion, setting a record as the largest initial public offering by a foreign company in US history.

Driven by AI demand, global memory chip makers SK Hynix and Micron both surpass $1 trillion market cap, marking a new milestone in AI infrastructure investment.