Wednesday, 8 July, 2026
Wall Street Goes Wild: SK Hynix Shuts $28 Billion US Booking Early After Massive Demand
By TechShots Studio
South Korean memory giant SK Hynix will close the books on its colossal $28 billion U.S. ADR offering early on Wednesday. Driven by intense investor appetite for AI-critical hardware, the bookbuild has already been oversubscribed multiple times. Large institutional orders exceeded $1 billion as Wall Street rushed for a direct piece of Nvidia’s primary high-bandwidth memory supplier before its Nasdaq debut.
Read full story at REUTERS