SK Hynix Seeks Access to AI Investors in $29 Billion US Listing

This week’s $29 billion US stock-market listing for SK Hynix Inc. may be the biggest-ever first-time share sale by a foreign company, but it isn’t just about raising cash. It’s...

By Bailey Lipschultz, Jeran Wittenstein, Yiqin Shen · Bloomberg Markets

This week’s $29 billion US stock-market listing for SK Hynix Inc. may be the biggest-ever first-time share sale by a foreign company, but it isn’t just about raising cash. It’s also about competing in the hottest corner of the global stock market — memory chips used in AI computing.