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South Korean Chipmaker SK hynix Launches $28B U.S. Listing as Global AI Chip Demand Surges

SK hynix is expanding its AI memory and semiconductor manufacturing capabilities as part of a planned U.S. listing expected to raise about $28 billion.

A key supplier of high-bandwidth memory (HBM) chips for NVIDIA’s AI accelerators, SK hynix plans to use the proceeds primarily for new semiconductor production facilities and advanced manufacturing equipment in South Korea as it expands its AI infrastructure capabilities.