Chip Party Must Go On: SK Hynix To Raise $29 Billion In US Listing
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Source: Zero Hedge
Published: 2026-06-24 21:45 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Culture & Entertainment, Asia, South Korea, Technology & AI, Financial Markets, Media, World News, Asia Pacific
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Snippet:
About two days after a Chosun media report from South Korea sparked a global sell-off in memory stocks and triggered a 10% crash in the Kospi, a new report states that memory giant SK Hynix is planning a massive $29.4 billion US listing. This move will test investor appetite for another mega AI-linked offering and demonstrate whether markets can absorb another massive listing weeks after the SpaceX IPO.
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