South Korean Chip Behemoth SK Hynix Makes US Market Debut, Amassing Record $2.65 Billion
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Author:小编   

Against the thriving backdrop of the global artificial intelligence (AI) boom and a soaring demand for hardware from tech behemoths, the semiconductor sector has marked a historic milestone. On Friday, South Korean semiconductor manufacturing titan SK Hynix made its official debut on the Nasdaq Stock Exchange in the United States. The initial public offering (IPO) set the price of its American Depositary Receipts (ADRs) at $149 per share, successfully raising approximately $2.65 billion. As per authoritative media sources, this fundraising feat has set a new benchmark as the highest amount ever raised by a foreign company in a US listing.