SK Hynix Makes History: $26.5 Billion Nasdaq Debut

Dallas Express
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SK Hynix Makes History: $26.5 Billion Nasdaq Debut
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South Korean chipmaker SK Hynix began trading American depositary receipts on Nasdaq on Friday after completing the largest U.S. equity offering by a foreign company, raising $26.5 billion to fuel expansion in high-bandwidth memory chips used for artificial intelligence. The company priced 177.9 million ADRs at $149 each on Thursday. Trading started Friday under the […]

The post SK Hynix Makes History: $26.5 Billion Nasdaq Debut appeared first on Dallas Express.

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