Memory chip giant SK hynix could help end ‘RAMmageddon’ with blockbuster US IPO
SK hynix is preparing a major US IPO that could raise between $10 billion and $14 billion, aiming to boost its valuation and close the gap with US semiconductor peers. The company plays a crucial role in the AI supply chain through its high bandwidth memory, yet its stock has historically traded at a discount due to its primary Korean listing. A US debut could strengthen its financial position as it ramps up massive investments in new facilities, EUV equipment, and long term AI driven memory production. The move may also pressure other Korean chipmakers, including Samsung, to consider similar listings.
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