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SK Hynix May Raise up to $10 Billion From US Listing, Korea ...

SK Hynix plans to raise $6.7 billion to $10 billion through a U.S. ADR listing to fund expansion amid a 274% stock surge driven by AI memory demand, company said.

  • On Wednesday, SK Hynix filed with the U.S. Securities and Exchange Commission for a potential Wall Street listing in 2026, aiming to offer American Depositary Receipts to investors.
  • The South Korean memory giant seeks fresh capital to expand production amid surging HBM demand driven by the artificial intelligence boom.
  • Hynix announced on Tuesday plans to purchase $7.97 billion in advanced chipmaking equipment from ASML, one of the largest single disclosed orders for such tools.
  • Shares rose over 5% in Seoul trading on Wednesday, continuing momentum where the stock is up around 60% this year after surging 274% in 2025.
  • "The final decision on the listing will be made after comprehensively considering the SEC's review of the application," the filing said, with disclosures expected within six months.
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SK Hynix, which is projected to achieve an operating profit of 200 trillion won this year amidst a super-boom in memory semiconductors, has officially commenced listing procedures with the goal of listing on the U.S. stock market in the second half of this year. With its stock price surpassing the 1 million won mark this year—reaching the "1 Million Nix" milestone—due to skyrocketing semiconductor prices driven by demand for artificial intellige…

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Upstract broke the news in on Tuesday, March 24, 2026.
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