General · 10 July 2026

SK Hynix secured $26.5bn in a huge US share sale.

South Korean chip maker SK Hynix secured $26.5 billion through its New York share offering, which became the largest listing ever achieved by a foreign company in the US. The company, a significant supplier to AI chip giant Nvidia, provided 177.9 million American depositary shares, priced at $149 apiece.

By BriefTea Editorial · 10 July 2026 at 17:18

Reported by BBC · How we write briefs

Get the app

More briefs

GeneralGoogle paying £260m to settle UK Play Store developer lawsuit PoliticsJames Cleverly steps down from the shadow cabinet to campaign for London mayor GeneralThe UK Navy just followed four Russian ships again GeneralSarah Ferguson is moving back to the UK following the Epstein scandal GeneralIcelanders vote on restarting EU membership talks after 13 years GeneralGoogle now auto-expands AI answers, pushing links down Browse all stories →