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The Verge
US · 1 hrs ago
Nvidia’s biggest RAM supplier just had a trillion-dollar debut on Wall Street
SK Hynix CEO Kwak Noh-Jung. | Image: Michael Nagle/Bloomberg via Getty Images As the AI boom boosts demand for RAM, SK Hynix - one of the world's biggest suppliers of memory chips - launched on Wall Street Friday. The South Korean chipmaker opened at $170 per share and raised $26.5 billion, surpassing Alibaba's record as the largest debut of a foreign company, according to reports from Associated Press and CNN. After reaching a $1 trillion valuation in May, SK Hynix briefly overtook Samsung as
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