Chip giant SK Hynix raises $26.5bn in mega US share sale

The shares are set to start trading on the Nasdaq on Friday in what will be the largest ever debut by a foreign firm.

SK Hynix Stock Rises on First Day of US Trading

SK Hynix began trading at $170 a share, above its initial public offering price of $149, in the latest test of investor demand for A.I.-related companies.

By Aruni Soni

The ETF market is pushing the limits of the leverage it can handle. SK Hynix is the latest example

The original ETF boom was about low cost, tax-efficient core index funds. Now single-stock ETFs are upping risk, with leverage getting 'a little carried away.'

SK Hynix’s stock looks primed for a pop in its Nasdaq debut

The South Korean memory company’s American depositary receipts begin trading on Friday.

By Britney Nguyen

SK hynix opens Nasdaq chapter with record $26.5b offering

SK hynix marked its entry into the US stock market Friday with an opening-bell ceremony at Nasdaq, opening a new channel to global investors after completing a record $26.5 billion share offering. SK Group Chairman Chey Tae-won, SK hynix CEO Kwak Noh-jung and other senior executives attended the event at the Nasdaq MarketSite in New York’s Times Square. The company said its American depositary receipts began trading on a when-issued basis under the temporary ticker SKHYV. The first transaction p

By The Korea Herald

SK hynix: From near collapse to AI chip powerhouse behind record US listing

Once on the edge of financial ruin, the South Korean chip giant has rebounded to debut on Wall Street in what is the largest US listing by a foreign company.

SK hynix hits Nasdaq at $171; CEO expects memory crunch to extend beyond 2030