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SK Hynix shares: blockbuster Nasdaq listing - CNBC
SK Hynix shares: blockbuster Nasdaq listing - CNBC
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Shares of South Korean chip giant SK Hynix surged more than 12% on Thursday, buoyed by plans to raise as much as $29.4 billion in a U.S. stock market listing and stronger-than-expected quarterly results from U.S. rivalMicron.
Micron'squarterly resultsreinforced expectations that the market for artificial intelligence memory chips remains supply-constrained, a positive signal for fellow memory-chip maker SK Hynix, analysts said.
Micron's revenue more than quadrupled in the fiscal third quarter, the companyreportedon Wednesday, as demand for AI-related memory chips continued to surge.
"This is a very positive read-across for SK Hynix, who are exposed to the exact same market dynamics," said Rolf Bulk, head of semiconductors and infrastructure at Futurum Group.
The company plans to issue 17.79 million new shares in the form of American depositary receipts through a Nasdaq listing,according to a regulatory filing. The offer could raise 45.45 trillion won ($29.65 billion).
Trading is expected to begin July 10, although the company said the timetable remains subject to change.
SK Hynix said the ADR listing would b…
SK Hynix stock's US listing could signal whether the market can still ...
SK Hynix stock's US listing could signal whether the market can still ...
South Korean chipmaker
SK
Hynix isn’t one of the Magnificent 7 stocks but is in a class of its own after pulling off a stunning rally on the back of the AI boom, and it’s about to land on U.S. markets.
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Shares will list on the Nasdaq and are expected to start trading on Friday, raising about $29 billion in what could be the biggest-ever first-time share sale by a foreign company.
That’s after SK Hynix’s Korea-listed stock has shot up 770% over the last 12 months, even after a 20% selloff from a peak in June.
The surge even outpaces
Micron
Technology’s 700% rally over the same time, with makers of memory chips emerging as critical enablers of AI agents. And SK Hynix is the top supplier of high-bandwidth memory after becoming Nvidia’s favorite provider.
While SK Hynix’s U.S. stock listing won’t be as big as SpaceX’s $86 billion IPO last month, it could serve as a key barometer for the market.
In fact, the Korean company has already sent ripples around the world. Comments from SK Hynix last month that it planned to slow down its AI memory business caused the high-flying Kospi stock index to suf…
SK Hynix makes US debut with $29-billion listing
SK Hynix makes US debut with $29-billion listing
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Reuters
Betting on SK Hynix has been difficult, if not impossible, for the majority of American investors.
This week's $29 billion US stock-market listing for SK Hynix may be the biggest-ever first-time share sale by a foreign company, but it isn't just about raising cash. It's also about competing in the hottest corner of the global stock market-memory chips used in AI computing.
For years, the South Korea-based
semiconductor manufacturer
has traded at a discount to its chief US-based rival,
Micron Technology
.
US Markets
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SK hynix Confirms Nasdaq Listing, Seeking Up to $29 Billion in a …
SK hynix Confirms Nasdaq Listing, Seeking Up to $29 Billion in a …
SK hynix has formally decided to list American depositary receipts on the U.S. Nasdaq, aiming to raise up to 45.45 trillion won (about $29 billion) — a deal that, at the top of its range, would rank as the largest ADR offering ever, surpassing Alibaba's $21.8 billion New York debut in 2014.
What turns a long-rumored plan into news is the part that's now fixed: the board has approved it, the size is set, and the use of the money is unusually specific. SK hynix isn't raising dollars to pad its balance sheet. It is converting a record stock valuation — built on an AI-memory boom that has its order books sold out — into capital earmarked entirely for the fabs and packaging that the next wave of demand will need.
The South Korean memory giant said on June 24 that its board — with all outside directors present — approved issuing new shares through a third-party allotment, to be deposited with an overseas institution and converted into ADRs for sale to international investors. It will issue up to 17.79 million new shares, about 2.5% of its stock; based on the June 23 closing price of 2.555 million won, that implies a ma…
Why is South Korean chipmaker giant SK Hynix listing on Nasdaq? Here's why it wants to raise $29.4 billion
Why is South Korean chipmaker giant SK Hynix listing on Nasdaq? Here's why it wants to raise $29.4 billion
SK Hynix plans to raise up to $29.4 billion through a Nasdaq listing. Here's why the AI chip giant is going public in the U.S. and what it means for investors.
#CorporateActions South Korean memory chipmaker SK Hynix filed for a Nasdaq listing offering 177.9 million American Depositary Shares, representing 17.79 million common shares. The IPO targets approxi...
#CorporateActions South Korean memory chipmaker SK Hynix filed for a Nasdaq listing offering 177.9 million American Depositary Shares, representing 17.79 million common shares. The IPO targets approximately $28 billion in proceeds, with major investors expressing interest in up ... Continue reading
South Korean chip giant SK Hynix kicks off $28B US share sale
South Korean chip giant SK Hynix kicks off $28B US share sale
South Korean chipmaker SK Hynix kicked off on Monday a U.S. share sale to raise 43 trillion won ($28.07 billion) and attracted interest for up to $7 billion from major investors,...
[1/5] 2026-07-09 12:09:31 - [TD Securities: Capital flows related to the listing of SK Hynix's ADRs have boosted the Korean won, but the Korean won is unlikely to change its weak trend] TD Securities ...
[1/5] 2026-07-09 12:09:31 - [TD Securities: Capital flows related to the listing of SK Hynix's ADRs have boosted the Korean won, but the Korean won is unlikely to change its weak trend] TD Securities said that although the record-breaking ADR listing of SK Hynix this week boosted the
SK hynix estimated to purchase 20 tln won in bonds in 2026 amid record earnings
SK hynix estimated to purchase 20 tln won in bonds in 2026 amid record earnings
SEOUL, July 8 (Yonhap) -- South Korean chipmaker SK hynix Inc. is estimated to h...
SK hynix (KRX:000660) Stock Price & Overview
SK hynix (KRX:000660) Stock Price & Overview
SK hynix Inc. through its subsidiaries, engages in research, develops, manufactures, distributes, and sells semiconductor devices in Korea, China, rest of Asia, the United States, Europe, and internationally. It offers DRAM, such as server memory, graphics memory, mobile memory, PC memory, consumer memory; NAND flash memory; SSD; and MCP products. It also engages in foundry business, produces non-memory semiconductors. The company serves its products for server, networking, mobile, personal computer, consumer, and automotive applications. The c...[Read more]
In 2025, SK hynix's revenue was 97.15 trillion, an increase of 46.76% compared to the previous year's 66.19 trillion. Earnings were 42.92 trillion, an increase of 116.89%.
According to 37 analysts, the average rating for 000660 stock is "Strong Buy." The 12-month stock price target is ₩3,094,448, which is an increase of 19.11% from the latest price.
SKHY: SK Hynix Files for $29.4 Billion Nasdaq IPO
Samsung (SSNLF) and SK Hynix Lead $576 Billion Investment in AI and Chip Production
SK Hynix (SKHY) Files for Nasdaq Listing, Aims to Raise $29.4B
SK hynix filed a registration stat…
South Korea’s SK Hynix plans $29 billion Nasdaq ADR listing - CNBC
South Korea’s SK Hynix plans $29 billion Nasdaq ADR listing - CNBC
SK Hynix, the world's second largest memory chipmaker, plans to raise around $29 billion on the Nasdaq by issuing American depositary receipts (ADRs), according to the firm's regulatory filing.
The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).
SK Hynix said it expects to start trading on July 10, but added that the dates were tentative and subject to change.
The firm added that it anticipates that the ADR listing will expand its investor base, "ultimately allowing its true corporate value to be properly evaluated."
"We expect to elevate our status as a global company by broadening our touchpoints in the United States, the epicenter of AI technological innovation," SK Hynix said in the filing.
SK Hynix is expanding rapidly to accommodate soaring demand for AI. It's building a massive new campus of memory chip fabrication plants in South Korea, known as the Yongin Cluster, which is set to begin coming online in 2027, as well as building in the U.S. for the first time with a $4 billion packaging plant in Indiana.
A host of large banks are managing the offering…
South Korea’s SK Hynix Plans $29 Billion U.S. Debut - Forbes
South Korea’s SK Hynix Plans $29 Billion U.S. Debut - Forbes
Breaking
Business
South Korea’s SK Hynix Plans $29 Billion U.S. Debut
By
Ty Roush
,
Forbes Staff.
Ty Roush is a breaking news reporter based in New York City.
Follow Author
Jun 24, 2026, 09:06am EDT
Topline
SK Hynix, the world’s third-largest memory chipmaker, announced on Tuesday it planned to raise $29 billion on the Nasdaq, marking the South Korean giant’s U.S. trading debut in what could be one of the largest public offerings ever as its business has soared on booming AI demand.
The South Korean chipmaker’s business has soared on booming AI demand.
AFP via Getty Images
Key Facts
SK Hynix, in a
disclosure
to the Securities and Exchange Commission on Tuesday, said it planned to list on the Nasdaq as soon as July 10 under the ticker “SKHY” by issuing American depository receipts (ADRs), or certificates representing ownership of shares in a foreign company.
The chipmaker said it planned to issue 17.79 million new shares valued at 45.45 trillion won ($29.65 billion), and that 10 ADRs would represent one common share.
In the disclosure, SK Hynix said the listing would “elevate our status as a global company by broadening o…
SK Hynix Makes US Debut With $29 Billion Listing on Nasdaq
SK Hynix Makes US Debut With $29 Billion Listing on Nasdaq
📰 News
SK Hynix Makes History With $29 Billion Nasdaq Debut — The Largest ADR Listing Ever and a Landmark Moment for AI Memory Chips
By Admin
July 06, 2026
6 min read
👁 185 views
SK Hynix
— South Korea's semiconductor juggernaut and the world's dominant supplier of
High Bandwidth Memory (HBM)
chips powering the global AI revolution — is making its historic debut on the
Nasdaq Global Select Market
this week under the ticker
SKHY
, raising approximately
$29.4 billion
through the issuance of
17.79 million new shares
via American Depositary Receipts (ADRs). If it prices at the top of its range, the offering would become the
largest ADR listing in recorded market history
, surpassing
Alibaba's $21.8 billion New York debut in 2014
— a record that has stood unchallenged for 12 years. Trading is slated to begin on
July 10, 2026
, with subscription and payment on July 14 and the new Korean shares listing on the
Korea Exchange (KOSPI)
on July 29.
The listing is being managed by a blue-chip consortium of global investment banks:
Bank of America Securities, Citigroup Global Markets, Goldman Sachs,
and
JPMorgan Securities
, with
Citiba…
Nvidia Supplier SK Hynix Files For Nasdaq Debut Under Symbol SKHY
Nvidia Supplier SK Hynix Files For Nasdaq Debut Under Symbol SKHY
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South Korean memory chip maker SK Hynix has filed a registration statement with the Securities and Exchange Commission for a public offering of American Depositary Shares, marking a major step toward listing on the Nasdaq Global Select Market under the ticker symbol “SKHY.”
According to an SEC filing on Tuesday, the company plans to issue up to 17.79 million shares, representing about 2.5% of its outstanding shares. The offering size was structured to ensure its largest shareholder, SK Square, retains at least a 20% ownership stake as required under South Korean regulations.
SK Hynix is a major supplier of advanced HBM chips to Nvidia.
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The final offering price will be determined through discussions with the underwriters, taking into account the company’s share price and prevailing market conditions, though Reuters had earlierreportedthat the company is looking to raise about $29.4 billion, with the ADSs expected to be priced at $166 each.
BofA Securities, Citigroup, Goldman Sachs, and J.P. Morgan are serving as the underwriters for …
Chey Tae-won to Attend SK hynix Nasdaq Listing, Drives Chip 'Super ...
Chey Tae-won to Attend SK hynix Nasdaq Listing, Drives Chip 'Super ...
SK Group Chairman Chey Tae-won/SK Group
SK Group Chairman Tae-won Choi is reported to attend the Nasdaq listing ceremony for SK hynix’s (000660.KS) American Depositary Receipts (ADRs), scheduled to be held in New York on July 10. SK hynix plans to stage the ADR listing event as a historic moment in which Korea’s semiconductor industry takes center stage in global capital markets. As SK hynix, the top player in the high-bandwidth memory (HBM) market — a core component of artificial intelligence (AI) data centers — adds its name to the Nasdaq, expectations are mounting that expanded global capital inflows could help it settle at a market capitalization of 2,000 trillion won.
According to the business community and investment banking (IB) industry on Saturday, Chairman Choi plans to embark on a business trip to the United States in early July to commemorate SK hynix’s Nasdaq debut. The trip is reported to include key executives such as SK hynix President Kwak Noh-jung, alongside Chairman Choi. Around the time of the Nasdaq listing, the executives are expected to personally explain SK hynix’s AI memory competitiven…
Corroboration
No verdict, no pronouncement. The model extracts atomic factual claims with verbatim quotes; every quote is validated against the source text and corroboration is computed by counting how many editorially-opposed blocs assert each fact. 4 fabricated/unverifiable quotes were rejected by the cite-or-die gate.
The spine · 1 fact corroborated across ≥2 opposed blocs
1×cross-perspective · 2SK Hynix filed for a Nasdaq listing offering 177.9 million American Depositary Shares, representing 17.79 million common shares
other
bluesky“#CorporateActions South Korean memory chipmaker SK Hynix filed for a Nasdaq listing offering 177.9 million American Depositary Shares, representing 17.79 million common shares.”
cnbc.com“Shares of South Korean chip giant SK Hynix surged more than 12% on Thursday, buoyed by plans to raise as much as $29.4 billion in a U.S. stock market listing and stronger-than-expected quarterly results from U.S. rivalMicron.”
Contested · 6 — sources conflict; shown, not resolved
⚔ different amount reported for proceeds
A social The IPO targets approximately $28 billion in proceeds
B turkey The IPO aims to raise 43 trillion won (about $28.07 billion)
⚔ different amount reported for proceeds
A social The IPO targets approximately $28 billion in proceeds
B india The IPO plans to raise up to $29.4 billion
⚔ different amount reported for proceeds
A social The IPO targets approximately $28 billion in proceeds
B other The offer could raise 45.45 trillion won (about $29.65 billion)
⚔ different amount reported for proceeds
A turkey The IPO aims to raise 43 trillion won (about $28.07 billion)
B india The IPO plans to raise up to $29.4 billion
⚔ different amount reported for proceeds
A turkey The IPO aims to raise 43 trillion won (about $28.07 billion)
B other The offer could raise 45.45 trillion won (about $29.65 billion)
⚔ different amount reported for proceeds
A india The IPO plans to raise up to $29.4 billion
B other The offer could raise 45.45 trillion won (about $29.65 billion)
Single-source · 6 — reported by one bloc only (uncorroborated)
The IPO targets approximately $28 billion in proceeds
bluesky
The IPO aims to raise 43 trillion won (about $28.07 billion)
dailysabah
The IPO plans to raise up to $29.4 billion
hindustantimes
The offer could raise 45.45 trillion won (about $29.65 billion)
cnbc.com
Major investors showed interest for up to $7 billion
dailysabah
SK Hynix is estimated to purchase 20 trillion won in bonds in 2026
yna
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