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SK Hynix US IPO

4 countries ๐Ÿ‡จ๐Ÿ‡ญ ๐Ÿ‡ธ๐Ÿ‡ฌ ๐Ÿ‡น๐Ÿ‡ผ ๐Ÿ‡ฐ๐Ÿ‡ท Economy & Trade

6 articles from 4 countries

South Korean chipmaker SK Hynix has priced its American Depositary Receipts (ADRs) at $149 each, aiming to raise approximately $26.5 billion in its U.S. stock market debut. This offering, fueled by confidence in the AI boom, is set to be the largest U.S. offering by a foreign firm. Options on SK Hynix's shares are expected to trade shortly after its Nasdaq debut.

๐Ÿ‡จ๐Ÿ‡ญ Switzerland/German

SK Hynix achieves stellar U.S. stock market debut, fueled by AI boom confidence

- South Korean chipmaker SK Hynix achieved a significant stock market debut in the United States, with its depositary receipts trading well above the issue price on the Nasdaq. - The company raised approximately $26.5 billion in fresh capital, marking one of the largest IPOs in US history. - The successful listing is seen as a strong indicator of investor confidence in the ongoing artificial intelโ€ฆ