SK Hynix targets $29.4B raise in historic U.S. listing (HXSCL:OTCMKTS)

SK Hynix plans a $29.4B ADR listing to fund AI memory capacity as HBM demand surges.

SK Hynix targets $29.4B raise in historic U.S. listing (HXSCL:OTCMKTS) | Seeking Alpha

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SK Hynix (

HXSCL

) is seeking to raise KRW 45.45T ($29.4B) via the listing of its

American Depositary Shares

(ADSs) in what could become one of the largest U.S. listings on record.

The South Korean memory-chip maker expects its shares to

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