SK Hynix raises $26.5bn in New York offering, plans Nasdaq listing

SK Hynix secures $26.5B in a New York offering and targets Nasdaq listing, signaling major expansion in global memory chip markets.

SK Hynix raises $26.5bn in New York offering, plans Nasdaq listing
Liberal TR Haber Merkezi
Publish: 10.07.2026
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South Korean memory chip maker SK Hynix on Thursday said it raised $26.5bn by selling 177.9 million American depositary shares at $149 each in a New York offering, and the shares will begin trading on the Nasdaq on Friday, providing US investors direct access to the company.

The company, a key supplier to AI chip maker Nvidia, reported the offering drew demand of more than seven times the shares available, underscoring strong investor interest in firms tied to artificial intelligence infrastructure.

In May SK Hynix’s market value exceeded $1tn in South Korea, driven by surging demand for advanced memory chips used in data centres and other AI applications.

SK Hynix’s share price in South Korea has more than tripled this year, contributing with Samsung Electronics to a more than 70% rise in the Kospi benchmark over the same period.

The US offering allows investors to buy SK Hynix shares without trading on an overseas exchange, simplifying access to investment from the world’s largest capital market.

As one of the world’s largest manufacturers of memory chips for AI infrastructure, SK Hynix said the capital raised will broaden its investor base in the United States while reflecting robust appetite for companies involved in the AI supply chain.

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Liberal TR Haber Merkezi
Liberal TR Haber Merkezi
A digital news platform delivering developments in Türkiye and the world to its readers with an objective and principled perspective. Liberal TR Haber Merkezi.
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