SK Hynix is preparing a major secondary listing in the United States that is expected to raise about $26.5 billion and give US investors greater access to the South Korean memory-chip maker. Multiple reports say the offering is likely priced at around $149 per American depositary receipt (ADR), implying a large overall transaction size for what is described as one of the biggest public offerings in history. The Financial Times frames the move as a “bumper” payday for Wall Street, while other coverage highlights the broader aim of expanding the company’s US footprint.
The offering is characterized as a secondary share sale rather than a first-time listing, with SK Hynix already valued at roughly “trillion-dollar” scale. Other outlets associate the timing with ongoing industry dynamics in memory chips, including supply constraints and continued demand. Reports also describe the expected scale of the sale in terms of ADR pricing and total proceeds, with the various figures presented as based on sources and market expectations ahead of the start of trading.
