SK Hynix Raises Record $26.5B in Landmark U.S. Listing

The post SK Hynix Raises Record $26.5B in Landmark U.S. Listing appeared first on Coinpedia Fintech News

SK Hynix has raised $26.5 billion after selling 177.9 million ADRs at $149 each, marking the largest first-time U.S. share sale by a foreign company. The offering was more than seven times oversubscribed, with investor demand reportedly nearing $200 billion, highlighting strong appetite for AI semiconductor stocks. Each ADR represents one-tenth of a common share …