SK hynix selected the Nasdaq over the New York Stock Exchange for its planned U.S. listing. The South Korean chipmaker aims to broaden its international investor profile and capitalize on surging demand for AI-linked stocks.
The listing is anticipated as early as August. The company’s share price has increased by more than 230% this year.
SK hynix maintains a dominant position in the high-bandwidth memory (HBM) chip market. These components are critical for the operation of AI servers.