000660.KS is trading 9.4% up now at KRW 2,823,000 after unveiling plans for a landmark $29.4 billion Nasdaq ADR listing to fund AI-focused memory fabs and advanced chipmaking equipment.
- The deal, one of the largest ADR offerings ever, highlights the company's central role in high-bandwidth memory for AI applications.
- The announcement has sharply reversed part of the recent semiconductor sell-off, drawing strong investor interest despite ongoing sector volatility.