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Stocks· July 10, 2026 at 02:01 AM

Chip titan SK hynix raises $26.5 bn in blockbuster US listing

Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

South Korean chip giant SK hynix set pricing for its mega US listing on Friday, raising $26.5 billion as it takes advantage of the AI boom in what will be one of the world's biggest ever stock sales.The amount raised did not come close to the record $75 billion raised in SpaceX's IPO last month, which made founder Elon Musk the world's first trillionaire.

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