SK Hynix, one of the world’s largest memory chip makers, is making a major debut on the U.S. stock market, raising about $26.5 billion in what multiple outlets describe as the largest-ever U.S. listing by a foreign company. The move comes as demand for memory chips grows sharply, helped by the broader AI boom and related spending on computing hardware. Several reports tie investor interest in the company to its role supplying high-bandwidth memory used in AI systems, while noting that the company’s recent performance is being tested by market volatility. Bloomberg characterizes a rapid turnaround in sentiment after a sharp market rout that quickly shifted SK Hynix from a high-conviction AI trade to a more uncertain holding, with investor focus on whether AI-related spending can sustain demand and support capacity expansion. Business Day reports that SK Hynix posts very strong sales and profits, but that results alone do not fully ease investor concerns. Other coverage highlights that shares rise in the debut, reflecting continued “AI euphoria,” though investors remain attentive to how quickly SK Hynix can scale production to meet demand.