SK Hynix Raises $26.5 Billion Through Oversubscribed US Share Offering

Strong investor demand underscores confidence in the AI memory chip leader as it expands capacity. South Korean memory chipmaker SK Hynix has raised US$26.5 billion through its US listing after pricing its American Depositary Receipts (ADRs) at US$149 each, reflecting robust investor appetite for one of the world’s leading suppliers of AI memory chips.