SK Hynix, South Korea's trillion-dollar chipmaker, begins trading on the Nasdaq

SK Hynix, South Korea's second-most valuable company behind Samsung, is debuting on the Nasdaq after its stock surged more than sevenfold over the past year, pushing its market cap to roughly $1 trillion. The company is one of the world's three dominant memory chipmakers (alongside Samsung and Micron) and is expanding heavily in the U.S. While relatively unknown to American consumers, its products are widely used in devices globally. The listing gives U.S. investors direct exposure to the memory chip boom driven by AI demand.