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SK Hynix Jumps 13% in Blockbuster Nasdaq Debut, Raising Over $26 Billion
MarketWatch.com·Saturday, 11 July 2026
South Korean memory chip maker SK Hynix launched its American depositary receipts on the Nasdaq and the stock closed nearly 13% above its offer price at $168. The company raised over $26 billion in what the article calls a blockbuster US listing. The strong debut signals continued investor appetite for AI-linked chip stocks.
Why It Matters
SK Hynix is a major supplier of memory chips used in AI servers — its strong market debut reflects how much money is pouring into the global AI hardware race, a trend Indian chipmakers and tech investors are watching closely.
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