SK hynix's Seoul-listed shares plunged 15 percent on Monday after its U.S. listing boost faded and AI boom concerns grew, while its American depositary receipts fell about 9 percent, narrowing the pre…
Seoul shares opened lower Tuesday, with the KOSPI falling 0.41 percent to 6,779.04, tracking Wall Street losses amid Middle East tensions and uncertainty over AI sectors. The Dow Jones Industrial Aver…
SK hynix's Nasdaq listing signals a shift in Washington's strategy to attract Korean AI investment, moving beyond subsidies like the CHIPS Act to offering direct access to U.S. capital markets. The mo…
Samsung Electronics and SK hynix face a critical test of whether the memory chip boom is peaking or entering an AI-driven supercycle, with ASML and TSMC earnings this week and Big Tech results later t…
South Korean President Lee Jae Myung pledged Monday to mobilize full government resources to ensure three semiconductor and AI mega projects proceed on corporate timetables, proposing a "future respon…
SK hynix raised approximately $26.5 billion in its Nasdaq debut, the largest capital raising by a foreign company in the U.S. market, with ADRs priced at a premium to its Seoul shares. The milestone s…
Samsung Electronics, SK hynix, and Micron Technology are racing to expand production capacity as AI infrastructure demand outstrips supply, with combined industry investment expected to reach about 20…
Samsung Electronics is accelerating the opening of its first fabrication plant at the Yongin Semiconductor Cluster to 2029, pulling the timeline forward from 2030 or later, as surging demand for AI ch…
SK hynix raised $26.5 billion in its US IPO, the largest ever by a foreign company, but analysts are divided on the sustainability of the AI memory boom. The South Korean chipmaker will use the funds …
SK Group Chairman Chey Tae-won called SK hynix's Nasdaq debut a 'historical moment' and 'dream come true,' and expects the conglomerate to invest tens of billions of dollars in AI, including data cent…
SK hynix shares surged nearly 13% in their Wall Street debut, driven by soaring demand for memory chips amid the AI boom. The South Korean chipmaker raised $26.5 billion in the largest-ever U.S. IPO b…
Hong Kong retail investors are suffering heavy losses in leveraged ETFs tied to SK hynix, with one investor losing nearly half of her HK$100,000 investment within a week after buying into the AI-drive…
Liquefied natural gas (LNG) is regaining strategic importance in South Korea as the government reassesses its energy mix to support massive investments in AI data centers and semiconductor manufacturi…
SK hynix listed its American Depositary Receipts on the Nasdaq stock market on Friday to expand its global capital markets presence and strengthen its role as a key supplier in the AI semiconductor ec…
SK hynix opened its Nasdaq listing with a record $26.5 billion share offering, marking the largest US share sale by a foreign company. CEO Kwak Noh-jung said the listing brings the chipmaker closer to…
SK hynix is set to debut on the Nasdaq on Friday, with its mega listing expected to revive investor appetite for AI-driven semiconductor stocks. The offering, priced at $149 per ADR, is projected to r…
SK hynix raised approximately $26.5 billion through a U.S. share offering, the largest-ever U.S. listing by a foreign company, as surging demand for AI memory chips drives growth. The South Korean sem…
South Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn in one of the world's biggest stock sales, capitalizing on the AI boom. The company, a supplier …
SK Group Chairman Chey Tae-won will attend SK hynix's Nasdaq debut in New York this week, as the chipmaker seeks to highlight its AI memory business and attract global investors. The ADR offering has …
Korea must look beyond current record profits from Samsung and SK hynix in the AI boom to build new economic strengths, as the early internet era shows such booms are not indefinite. Politicians risk …