SK Hynix has announced a $29.4 billion US listing on Nasdaq, scheduled for July 10, 2026, marking one of the largest...

SK Hynix has announced a $29.4 billion US listing on Nasdaq, scheduled for July 10, 2026, marking one of the largest equity raises in the memory chip sector. The company will issue new shares to fund expansion of AI memory production, particularly high-bandwidth memory (HBM) critical for AI accelerators. Sources include Bloomberg's report (Bloomberg), the Financial Times (FT), and Digitimes coverage of the share issuance (Digitimes). The listing underscores surging AI demand and SK Hynix's need to scale HBM output, benefiting downstream AI chipmakers like NVIDIA. Competitors Micron and Samsung may face pressure to match capacity investments. The strong market response, with shares jumping on the news (Bloomberg TV), indicates investor confidence in AI-driven memory demand.