SK Hynix Inc., a South Korean memory chip maker, plans a US share sale intended to raise about $29.4 billion (45.45 trillion won), according to a regulatory filing. Multiple outlets describe the proposed Nasdaq listing as a major expansion of the company’s access to US capital markets and as one of the largest equity offerings in history, subject to exchange-rate conditions. The Bloomberg reports also say the company expects trading to begin on July 10, based on the filing.
The listing is presented across the coverage as part of broader efforts by companies in the artificial intelligence supply chain to increase capacity to meet demand for memory chips. The Financial Times frames the move as a bet on continued AI-led growth, while other reports emphasize the scale and market impact of the offering.
While the outlets differ slightly in emphasis—capital market expansion versus AI demand—the common point is that SK Hynix is pursuing a landmark US listing with proceeds aimed at supporting its business needs amid rising global demand for memory used in AI systems.
