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Nikkei Asia
Nikkei Asia
AsiaPac · 7 mins ago
SK Hynix rises 14% in biggest-ever foreign share sale in US
MarketsSouth Korean chipmaker priced its shares at $149, riding investor demand for AI stocksSK Hynix intends to use the newly raised capital for construction of production facilities and acquiring chipmaking equipment. © ReutersPAK YIUJuly 11, 2026 00:54 JSTNEW YORK -- South Korea's SK Hynix has raised $26.5 billion in a blockbuster offering, becoming the biggest share sale by a foreign company in the U.S. amid strong investor demand for AI stocks.Read NextIPOSK Hynix: South Korean memory chip titan raises $26.5bn in the USInterviewChipmakers are preparing for years of expansion: Applied Materials CEOSemiconductorsSouth Korea's chip hub plans face tough questions over timing, demandInterview'Kioxia of today wouldn't exist' under Toshiba, Bain dealmaker saysSemiconductorsSouth Korea to cre
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