SK Hynix, South Korea’s memory-chip maker, is planning a large US equity offering to raise about 45.45 trillion won (roughly $29.4 billion) through a Nasdaq listing, according to regulatory filings and multiple market reports. The company intends to issue around 17.79 million new shares (with the exact structure described as an ADR-related listing in some coverage). Several outlets characterize the deal as among the largest US share sales in history and note it comes as investor interest in AI-linked semiconductor demand remains strong.
Reports also say SK Hynix expects trading to begin on July 10, pending market and regulatory conditions. The listing is framed as a way to broaden access to the US capital market and tap a larger, more liquid investor base, potentially supporting valuations and trading activity. Coverage links the move to SK Hynix’s role in supplying high-bandwidth memory chips used in AI data center systems, as companies across the AI supply chain expand capacity to meet demand.
Bank-led deal execution is mentioned by one source, naming major investment banks as joint leads, while other outlets focus on the size, timing, and intended purpose of funding further investment tied to AI memory demand.
