SK Hynix Raises $26.5 Billion in Largest US Foreign IPO Ever

7 sourcesFirst reported 12 days agoUpdated 11 days ago

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What all sources covered

SK Hynix has completed the largest public listing by a foreign company in U.S. history, raising $26.5 billion.
Shares of SK Hynix jumped 13% on their first day of trading.
The successful IPO has sparked calls for the company and rivals like Samsung to establish manufacturing facilities in the U.S.
This landmark event is seen as a reflection of the ongoing demand for AI-related technology and products.
SK Hynix is a major memory chip manufacturer and a key supplier to Nvidia.

7 sources

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NaftemporikiFirst

Bloomberg+24m

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TechCrunch+13h

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