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ResolvedStocks

SK Hynix to List on Nasdaq, Aiming to Raise $29B Amid AI Memory Boom

First Detected: Jul 3, 2026, 2:30 PM
Last Update: about 1 month ago
37 articles·11 stories

Event Summary

SK Hynix plans to list American Depositary Receipts (ADRs) on Nasdaq at $166 per share. The company saw a 198% year-over-year revenue surge in Q1 2026, with an operating margin exceeding 70%. It aims to raise $29 billion for aggressive capital expenditures, including new fabs and U.S. expansion. SK Hynix is considering an underwriting fee of 0.5% for its massive upcoming share offering in the United States. Additionally, SK Hynix's Korea-listed shares and Micron stock have gained approximately 700% over the past 12 months.

Timeline

Samsung and SK Hynix Surge Leads 16% KOSPI Rebound After Sell-off
Jul 31, 2026, 3:45 AMImpact: 5
SK Hynix Profits Surge 500% on Explosive AI Memory Chip Demand
Jul 29, 2026, 12:01 PMImpact: 6
South Korean Regulators Intervene as SK Hynix Faces Post-IPO Volatility
Jul 16, 2026, 4:31 PMImpact: 4
SK Hynix Shares Plunge 12% in Seoul as Investors Take Profits After Nasdaq Debut
Jul 13, 2026, 6:16 AMImpact: 4
SK Hynix Completes Historic $26.5 Billion Nasdaq Debut, Largest Ever for Foreign Firm
Jul 12, 2026, 4:00 PMImpact: 8
SK Hynix Raises $26B in Massive U.S. IPO, Shares Surge 13% on Nasdaq Debut
Jul 11, 2026, 2:45 AMImpact: 8
SK Hynix Completes Historic $26.5B U.S. ADR Debut, Largest Ever for Foreign Firm
Jul 10, 2026, 11:46 AMImpact: 8
SK Hynix Files for $28B US IPO to Fuel AI Chip Expansion
Jul 6, 2026, 3:59 PMImpact: 7
SK Hynix Eyes $29B Nasdaq Listing to Fuel AI Memory Expansion
Jul 5, 2026, 7:15 PMImpact: 7
SK Hynix Weighs Massive US IPO with 0.5% Fee to Fund AI Memory Expansion
Jul 4, 2026, 5:15 AMImpact: 7
SK Hynix to List on Nasdaq, Aiming to Raise $29B Amid AI Memory Boom
Jul 3, 2026, 2:30 PMImpact: 7

Price Impact

Since event start
SKHY+31.12%
MU+4.30%