South Korea’s SK Hynix raises $26.5bn in record-breaking US IPO

Science

South Korea’s Sk Hynix Raises $26.5Bn In Record-Breaking Us Ipo

By Al Jazeera

South Korean chip giant SK Hynix has raised a record-breaking $26.5bn ahead of its Wall Street debut amid soaring demand for semiconductors used in AI. SK Hynix said on Friday that it had sold 177.9 million American depositary shares (ADS) at $149 ea ...Read more