SK Hynix is preparing a US listing via American depositary receipts that could raise $10–14bn as early as August. The Korean memory maker has filed confidentially with the SEC and received strongly positive investor feedback. The move is driven by its dominance in high-bandwidth memory (HBM) for AI accelerators, a multi-year Nvidia partnership for HBM4 supply, a 250% share price surge in 2026, and a market cap that recently crossed $1 trillion. The listing aims to broaden its investor base and raise capital for capacity expansion to meet surging AI memory demand.
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