AI Business
12h ago
SK Hynix Raises $26.5 Billion in Record US Share Sale for Foreign Company
Jul 10, 2026
AI Summary
SK Hynix has successfully raised $26.5 billion through its American depositary receipt offering, marking the largest first-time share sale by a foreign company in the US. This fundraising effort positions the South Korean memory chipmaker to attract investors interested in artificial intelligence infrastructure.
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- SK Hynix raised $26.5 billion in its American depositary receipt offering.
- This amount represents the largest first-time share sale by a foreign company in the US.
- The offering allows SK Hynix to access a significant fundraising channel, appealing to investors focused on artificial intelligence infrastructure.
sk hynixus marketfundraisingartificial intelligencememory chips