SK Hynix IPO to give US investors bigger bite of the memory pie as shortages persist - Yahoo Finance
SK Hynix successfully launched its US IPO, raising $26.5 billion and seeing its stock price jump 14% on the first day of trading. The company is a key supplier for Nvidia and is expanding capacity to meet the global demand for AI-related memory chips.
Why it matters
The massive IPO highlights the intense investor interest in the semiconductor supply chain fueling the global AI boom.
Chip giant SK Hynix jumps 14% in US market debut Daniel Howley · Technology Editor Updated Fri, July 10, 2026 at 12:20 PM EDT 4 min read SKHYV +15.93% SKHY BABA +1.53% Trade BABA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
The article focuses on financial data and market trends without taking a stance on the company's long-term viability.
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