SK hynix filed for a $29.4B Nasdaq listing and disclosed a record $7.9 billion order with ASML for roughly 30 EUV...

SK hynix filed for a $29.4B Nasdaq listing and disclosed a record $7.9 billion order with ASML for roughly 30 EUV scanners to be delivered through 2027 (Tom's Hardware). The proceeds fund a new fab in Yongin and an HBM packaging plant in Cheongju, both requiring EUV lithography. SK hynix holds ~57% of the HBM market and has said AI demand will keep supply tight until 2030. The order is a concrete signal of sustained, multi-year demand for ASML's high-value EUV tools, reinforcing its monopoly position and backlog visibility. While regulatory overhang from potential MATCH Act restrictions persists, this capital commitment from a key customer outweighs near-term uncertainty. The order directly supports ASML's revenue growth trajectory through 2027 and beyond.