Thursday, 25 June, 2026
AI Memory King: SK Hynix Plots Record-Breaking $29 Billion US Debut
By TechShots Studio
Riding an explosive 300% stock rally driven by the AI hardware boom, South Korea’s SK Hynix has filed for a monumental $29.4 billion Nasdaq ADR listing. Positioned as a premier supplier for Nvidia, the high-bandwidth memory (HBM) giant plans to use the massive windfall to fund advanced semiconductor factories and chipmaking tools, fueling infrastructure needed for next-generation AI workloads.
Read full story at REUTERS