techcrunch.com
2026-07-11
TechCrunch
The AI chip boom just produced its biggest Wall Street moment yet. SK Hynix, a South Korean memory chip giant, said Friday it has raised $26.5 billion (KRW 40 trillion) in its U.S. market debut.
SK Hynix sold 177.9 million American depositary shares (ADRs) at $149 each, structured so U.S. investors can buy in at roughly a tenth of what a full share costs in Seoul. This deal, the largest-ever U.S.
www.theinvestor.co.kr
2026-07-10
theinvestor.co.kr
SK hynix headquarters in Icheon, Gyeonggi Province (Newsis)
SK hynix has priced its Nasdaq offering of American depositary receipts at $149 apiece, setting the deal at about $26.5 billion.
The South Korean memory chipmaker said Friday it would offer 177.9 million ADRs, with each receipt representing one-tenth of a common share traded in Seoul.
The offer price translates into a roughly 2.9 perce