SK Hynix's U.S. IPO raises 14 billion with "extremely positive" feedback
A source familiar with SK Hynix said on Thursday that the company informed investors this week that it is benefiting from strong demand for advanced storage semiconductors required for artificial intelligence data center operations, and its proposal for a U.S. listing has received "very positive" feedback.
Reports indicate that the South Korean memory chip manufacturer has secretly submitted an application this year, planning to list in the United States. Sources indicated in March that this move could raise up to $14 billion. Additionally, as the review by the U.S. Securities and Exchange Commission is still ongoing, no specific updates regarding the listing process can be provided at this time.
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