South Korean chip giant SK Hynix raises $26.5bn in US share sale
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The shares are set to start trading on the Nasdaq on Friday in what will be the largest ever debut by a foreign firm.
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South Korean chip giant SK Hynix raises $26.5bn in US share saleImage source, ReutersByOsmond ChiaBusiness reporterPublished10 July 2026, 02:12 BSTUpdated 16 minutes agoSouth Korean computer chip maker SK Hynix has raised $26.5bn (£19.8bn) in its New York share offering, marking the largest ever listing by a foreign firm in the US.The company, a key supplier to artificial intelligence (AI) chip giant Nvidia, said on Thursday that it had sold 177.9 million American depositary shares for $149 each.
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