South Korea's SK Hynix Plans to Raise Over US$28 Billion in the U.S., Accelerating Expansion Amid Global AI Boom
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Author:小编   

On July 6, South Korean memory chip manufacturer SK Hynix officially launched its stock issuance plan in the United States, aiming to raise approximately KRW 43 trillion (about US$28.07 billion) through the issuance of American Depositary Receipts (ADRs) on the Nasdaq. This issuance is expected to rank among the top three largest in global history and become the largest-ever IPO by a foreign company in the U.S. The funds raised will be used to expand advanced production capacity for memory chips and procure core equipment, addressing the chip shortage triggered by the global AI boom.