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South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing

SK hynix has successfully raised $26.5 billion through a massive US stock listing, capitalizing on the booming AI market. With shares oversubscribed by more than seven times on Nasdaq, the funds will go towards expanding semiconductor facil...

The Guardian· Jul 10, 2026 · 10:16 AM · 2 views

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SK hynix has successfully raised $26.5 billion through a massive US stock listing, capitalizing on the booming AI market. With shares oversubscribed by more than seven times on Nasdaq, the funds will go towards expanding semiconductor facilities and boosting production capacity.

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#news #breaking #SKhynix #AI #semiconductors #investment #stockmarket

Originally reported by The Guardian. Read the full story →

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