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SK Hynix's $26.5 Billion US Listing Signals Where the AI Chip Race Is Headed
World news | The Guardian·Sunday, 12 July 2026
South Korean chipmaker SK Hynix priced its massive US stock listing on Friday, aiming to raise $26.5 billion on the Nasdaq. The company supplies advanced memory chips and has seen profits surge due to global demand for AI data centres. It is set to be one of the largest stock sales ever.
Why It Matters
India's own semiconductor ambitions and its booming AI sector are directly tied to global chip supply chains that SK Hynix dominates.
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