SK Hynix's $29 Billion US IPO Targets AI Memory Chip Investors

SK Hynix is pursuing a $29 billion US stock-market listing that could be the largest-ever IPO by a foreign company on American exchanges. Beyond raising capital, the South Korean chipmaker wants direct access to investors focused on AI computing memory chips. SK Hynix is a major supplier of HBM memory to Nvidia and other AI hardware giants.