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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...
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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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Originally reported by The Guardian.
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