The AI chip boom just produced its biggest moment on Wall Street yet. SK Hynix, a South Korean memory chip giant, said on Friday that it had raised $26.5 billion (KRW 40 trillion) in its US market debut. SK Hynix sold 177.9 million American depositary shares (ADRs) at $149 each, structured so that American investors
South Korean memory chip maker SK Hynix, a rival to Samsung and US-based Micron, plans to sell nearly 17.8 million shares in an initial public offering in the United States, the company said on Monday. If its shares sell well (and there are signs they will), the company could raise around $28 billion, based on
