Monday, 6 July, 2026
Wall Street’s Next AI Megadeal: Chip Titan SK Hynix Moves for $28B Nasdaq Listing
By TechShots Studio
South Korea’s SK Hynix is launching a massive $28 billion U.S. listing on the Nasdaq, marking one of the largest tech share sales in history. The premium Nvidia supplier, whose stock has skyrocketed 273% this year, plans to sell 17.79 million new shares. The fresh capital will fund new domestic semiconductor plants and specialized equipment to secure its global lead in AI high-bandwidth memory chips.
Read full story at REUTERS