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SK Hynix Seeks US$29.4 Billion Nasdaq Listing to Fund AI Chip Expansion

Seoul, 24 June 2026 – SK Hynix is seeking to raise up to US$29.4 billion through a new United States listing, as the South Korean memory chipmaker moves to fund one of the most aggressive expansion plans in the global artificial intelligence semiconductor cycle.

The company plans to issue American Depositary Receipts on Nasdaq, with trading expected to begin on 10 July. The offering could raise as much as 45.45 trillion won, equivalent to about US$29.4 billion, depending on final bookbuilding and market demand.

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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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