SK Hynix Plans $29 Billion US Listing
Originally published Jun 24, 2026
By Subrat Patnaik, Yoolim Lee, Sangmi Cha · Bloomberg — Technology
AI-generated summary based on Bloomberg — Technology · Aggregated by OffScreenSpace · Human-reviewed and approved on Jun 24, 2026
Key points
- SK Hynix plans to raise $29.4 billion through a US listing.
- The funds will support increased memory chip production for AI.
- The move reflects growing demand along the AI supply chain.
SK Hynix Inc. is preparing a US stock offering to raise $29.4 billion, aiming to expand capacity amid rising demand for memory chips driven by artificial intelligence. The company's listing is part of broader efforts to strengthen the AI supply chain.
Read the original story: Bloomberg — Technology — by Subrat Patnaik, Yoolim Lee, Sangmi Cha