SK Hynix Shares Open at $170 on US Debut, Above $149 IPO Price

SK Hynix began trading on US markets at $170 per share, above its IPO price of $149, marking a strong debut. The listing serves as a gauge of investor appetite for AI-related companies. SK Hynix is one of the world's largest producers of DRAM and HBM memory chips used in AI hardware.