Chip giant SK Hynix raises $26.5 billion in blockbuster US share offering - Yahoo Finance
South Korean chip manufacturer SK Hynix raised $26.5 billion in its US market debut, marking the largest IPO by a foreign company in the US. The company is a key supplier for Nvidia and is expanding capacity to meet AI-driven demand.
Why it matters
The massive IPO reflects the intense global demand for high-bandwidth memory chips essential for artificial intelligence development.
Chip giant SK Hynix jumps 13% in US market debut Daniel Howley · Technology Editor Updated Fri, July 10, 2026 at 4:04 PM EDT 4 min read SKHYV +12.76% SKHY SK Hynix ( SKHYV ) closed out its first trading day on the US market up roughly 13% Friday, after climbing to $168 from its $149 offer price.
The article provides financial data and market context in a neutral, objective manner.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in