Nasdaq Composite Treads Water While SK Hynix Makes a $26 Billion Splash
The major indexes barely budged Friday, but a $26.5 billion IPO stole the show. The AI chip battle just got a lot more interesting.
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startupfortune.com·12h agoSK Hynix Raises $26.5B in the Biggest Foreign IPO in US History, Is Urged to Build New US Fabs
The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are being asked to build US factories.
SK Hynix—which supplies memory chips to Nvidia—is about to test Wall Street’s appetite for the next wave of tech IPOs
The Korean memory giant’s nearly 8-fold stock surge and $28 billion U.S. listing will show how much AI optimism is still left in the market.
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