Chip giant SK Hynix raises $26.5bn in mega US share sale

🇰🇷 BBC News (KR) —
Chip giant SK Hynix raises $26.5bn in mega US share sale

AI Summary

South Korean semiconductor company SK Hynix has raised $26.5 billion through a major US share sale, marking the largest debut by a foreign firm on the Nasdaq. The capital raise is expected to support the firm's growth and investment ambitions in the chip industry.

The shares are set to start trading on the Nasdaq on Friday in what will be the largest ever debut by a foreign firm.

Markets Deals AI & Tech SK Hynix share sale Nasdaq chip industry capital raise foreign IPO

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