Storage chip giant SK Hynix plans to go public in the US to raise $29 billion
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Author:小编   

Benefiting from the high growth in the AI chip industry, SK Hynix plans to raise over $29 billion (KRW 45.45 trillion) through a listing on Nasdaq to support its artificial intelligence business expansion and capacity enhancement. As a leading player in the global high-bandwidth memory (HBM) sector, SK Hynix's HBM chips are one of the key bottlenecks for data center expansion. As of the fourth quarter of 2025, SK Hynix accounts for 57% of the global HBM market by revenue. The listing, expected to begin trading on July 10, will enable SK Hynix to access a new investor base and is expected to narrow its valuation gap with competitors.