Markets
Wednesday, 6/24, 09:28 AM
SK Hynix Targets $29 Billion in a Record Nasdaq Listing to Fund Its AI Memory Push
- SK Hynix said it aims to raise up to 45.45 trillion won — about $29 billion — by selling American depositary receipts on Nasdaq, a deal that would rank as the largest ADR offering on record and channel proceeds into the high-bandwidth memory chips that power artificial-intelligence systems.