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SK Hynix Lists on Nasdaq with $26.5B IPO, Raises Capital as World's No. 2 Memory Chipmaker

Stocks AI Tokens

2026-07-11 09:13:25

SKHYV-0.98%

SPCX-4.41%

SK Hynix officially debuted on Nasdaq on July 10, raising $26.5 billion in what became the world's second-largest public offering, behind only SpaceX's recent listing. According to IDC data, SK Hynix commands 56.4% of the global HBM (high-bandwidth memory) market, crucial for AI infrastructure. In Q2 2026, the South Korean chipmaker reported net profit of 40.35 trillion won (approximately $27.3 billion), up 398% year-over-year. The company specializes in advanced memory chips including DRAM, NAND flash memory, and HBM—the most scarce memory type in current AI ecosystems.

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