000660.KS is trading 8.3% up now at KRW 2,838,500 after SK hynix announced plans to raise approximately $29 billion through a landmark Nasdaq ADR listing.
- The planned U.S. share sale is set to be the largest ADR offering in history, aimed at funding massive AI-related capacity expansion.
- Proceeds will be used to develop new fabrication plants, advanced packaging facilities, and the acquisition of cutting-edge chipmaking equipment.
- Investors view the capital raise as a powerful growth catalyst for the company's leadership in the global AI semiconductor supply chain.