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Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company

SK Hynix priced its American depositary receipts, or ADRs, at 149 each Thursday. They opened Friday at 170 and closed at 168.01.
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Discussion
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How other outlets are covering this story
Compare narratives across 6 related reports from 6 sources. Real Narrative News aggregates the coverage spectrum so you can see who emphasises what — bias tags reflect the outlet, not the story.
Coverage bias distribution
6 sources
Left 83%
Center 17%
Right 0%
Bloomberg
· Jul 5, 2026
SK Hynix Seeks Access to AI Investors in $29 Billion US Listing
This week’s 29 billion US stock-market listing for SK Hynix Inc. may be the biggest-ever first-time share sale by a foreign company, but it isn’t just about raising cash. It’s also about competing in the hottest corner of the global stock market — memory chips used in AI computing.
The Motley Fool
· Jul 5, 2026
This AI Chip Stock Just Signed Massive Deals With 3 Hyperscalers, and It Still Looks Like a Great Buy Right Now (Hint: Not Nvidia or Intel)
Data center chip sales could go from 0 to 15 billion in four years.
Economic Times
· Jul 11, 2026
Korea’s SK Hynix shares make stellar US market debut, rocket 13% on continued AI optimism
SK Hynix's U.S. shares surged thirteen percent on their Nasdaq debut. The South Korean chipmaker raised twenty-six point five billion dollars through a share sale. This demonstrates continued investor interest in AI-linked semiconductor stocks. Recent market pullbacks have not deterred this strong sector appetite. The company's listing provides funding for new factory construction.
Foreign Policy Journal
· Jul 7, 2026
SK Hynix (KRX: 000660) Launches $28 Billion US ADR Listing To Ride AI Memory Boom
SK Hynix Inc. (KRX: 000660) kicked off its formal US listing marketing process on Monday, as the South Korean memory chipmaker moves to capitalize on surging investor appetite for AI-driven semiconductor stocks. The company is seeking to sell American depositary receipts representing approximately 17.79 million common shares, according to a filing with the US Securities [] The post SK Hynix (KRX: 000660) Launches 28 Billion US ADR Listing To Ride AI Memory Boom appeared first on Foreign Policy Journal.
The Next Web
· Jul 9, 2026
SK Hynix’s Nasdaq listing draws more than seven times the shares on offer
SK Hynix’s American listing has been more than seven times oversubscribed, according to people familiar with the deal, a sign of heavy demand for one of the largest share sales Wall Street has fielded from a foreign company. The South Korean memory-chip maker was due to price its offering of American depositary receipts on Thursday, [] This story continues at The Next Web
Quartz
· Jul 10, 2026
The second-biggest U.S. stock offering ever is on, as SK Hynix starts trading today
The South Korean memory chipmaker's ADR sale is the largest by a non-U.S. company, topping Alibaba's 25 billion raise in 2014
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Related coverage for "Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company": Bloomberg — SK Hynix Seeks Access to AI Investors in $29 Billion US Listing. The Motley Fool — This AI Chip Stock Just Signed Massive Deals With 3 Hyperscalers, and It Still Looks Like a Great Buy Right Now (Hint: Not Nvidia or Intel). Economic Times — Korea’s SK Hynix shares make stellar US market debut, rocket 13% on continued AI optimism . Foreign Policy Journal — SK Hynix (KRX: 000660) Launches $28 Billion US ADR Listing To Ride AI Memory Boom. The Next Web — SK Hynix’s Nasdaq listing draws more than seven times the shares on offer. Quartz — The second-biggest U.S. stock offering ever is on, as SK Hynix starts trading today