SK Hynix Lists on Nasdaq This Friday, Raising $28 Billion as Key NVIDIA Supplier

According to Odaily and Fortune, Korean memory chip giant SK Hynix will list on Nasdaq this Friday (July 11), raising approximately $28 billion through American Depositary Receipt (ADR) issuance. As a key supplier to NVIDIA, SK Hynix manufactures high-bandwidth memory (HBM), DRAM, and NAND flash products, with demand accelerating amid AI infrastructure expansion. Over the past 12 months, SK Hynix's Korean-listed shares gained 770%, outpacing competitor Micron Technology's approximately 700% surge.
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