SK Hynix plans to list on the Nasdaq for its U.S. market debut. The South Korean chipmaker selected the Nasdaq over the New York Stock Exchange to target global AI investors.
The listing could take place as early as August 2026. This move follows a significant rally in the company's stock price on the Korea Exchange this year.
The U.S. offering aims to raise as much as $14 billion. SK Hynix will use the proceeds to expand its AI chip production capabilities. The company currently serves as a key supplier of high-bandwidth memory chips to Nvidia.