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Business · 10 July 2026

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

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

Photo by StockRadars Co., on Pexels

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.

Reported by BBC · How we write briefs

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