SK Hynix – The Korean HBM King Takes the Plunge with 28 Billion Listing on the US Stock Exchange!

SK Hynix begins its approximately 28 billion USD US listing on Nasdaq (trading starts on July 10) – despite having lowered its target to 43.141 trillion Won, making it one of the largest deals of all time. The Nvidia supplier aims to close the valuation gap with Micron, but faces bubble fears. Mega IPO in New York has begun SK Hynix is initiating the formal marketing process for its US listing and intends to convert the excitement around memory chips into fresh capital. The Korean company is placing American Depositary Receipts (ADRs) worth...