Thursday, 9 July, 2026
Feeding the AI Monster: Investors Drive 700% Demand for SK Hynix US Shares
By TechShots Studio
South Korean memory chip giant SK Hynix's upcoming $28 billion U.S. share offering has seen massive investor appetite, drawing orders more than seven times the available shares. As a crucial supplier of high-bandwidth memory chips to Nvidia, the company plans to use the massive cash injection to rapidly expand production capacity, catering to the ongoing explosion in global AI infrastructure.
Read full story at REUTERS