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SK Hynix Plans $29 Billion Nasdaq ADR Listing on July 10

2026-07-05 23:19:03

According to Bloomberg, SK Hynix plans to raise approximately $29 billion via a Nasdaq American depositary receipt (ADR) listing expected on July 10. The deal could become the largest first-time US share sale by a foreign company. The South Korean memory chipmaker holds about 60 percent of the global high-bandwidth memory (HBM) market, supplying chips used in AI servers and processors as AI demand continues to rise.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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