SK Hynix Seeks Fresh Capital for AI Infrastructure with Nasdaq Listing
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Capital measure aims for $29.4 billion through ADR issuance on Nasdaq Surge in demand for high-bandwidth memory drives operational business Revenues will go directly towards capacity expansion and advanced EUV equipment Billion-Dollar Move to the US Stock Market The South Korean semiconductor producer SK Hynix is planning a significant capital measure on Nasdaq. The company aims to raise around $29.4 billion through American Depositary Receipts, with the trading start targeted for July 10. By issuing 17.79 million new shares, the corporation...
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