First reported by FORTUNE
SK Hynix seeks access to AI investors in $29 billion U.S. listing
SK Hynix Shares Fall as Global AI Chip Selloff Overshadows Oversubscribed $28bn Nasdaq Listing
From the article
Shares of South Korean memory chipmaker SK Hynix fell sharply on Wednesday as a broad selloff in artificial intelligence-related semiconductor stocks overshadowed strong investor demand for the company’s upcoming $28 billion Nasdaq listing, one of the largest equity offerings ever by a technology firm. The stock closed 5.7% lower, while rival Samsung Electronics dropped 6.3%, […] The post SK Hynix Shares Fall as Global AI Chip Selloff Overshadows Oversubscribed $28bn Nasdaq Listing appeared first on Tekedia .
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