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SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs

SK Hynix has made waves by raising $26.5 billion in the largest foreign IPO in U.S. history, debuting on Nasdaq with shares soaring 14% above the initial price. This major investment aims to bolster chip production and build new fabs to add...

TechCrunch· Jul 11, 2026 · 1:27 PM · 57 views

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SK Hynix has made waves by raising $26.5 billion in the largest foreign IPO in U.S. history, debuting on Nasdaq with shares soaring 14% above the initial price. This major investment aims to bolster chip production and build new fabs to address ongoing global shortages.

Full story and more reels: https://newsreel.video #news #breaking #SKHynix #IPO #technology #semiconductors #NASDAQ

Originally reported by TechCrunch. Read the full story →

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