Economic TimesLean R·
South Korea's SK Hynix slides over 5% ahead of $29 billion Wall Street debut
South Korea's SK Hynix is poised for a massive US listing, aiming to raise around $29 billion to capitalize on booming AI demand. Despite a 5% dip on Monday, the chipmaker's shares have soared this year, driven by its crucial role in supplying AI systems. This blockbuster offering, set to be one of the world's largest, underscores South Korea's commitment to semiconductor and AI leadership.
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