SK Hynix is preparing for a listing on Nasdaq in the United States, with the aim of raising $28 billion. The Korean memory chip maker plans to direct the proceeds towards new chip factories and production equipment, a clear sign of continued expansion in manufacturing capacity. The move is also being described as the second-largest share sale. If completed, it would place the company among the biggest fund-raising efforts on the US market. For SK Hynix, the listing is tied directly to investment in future chip production, rather than to a broader change in business direction.
SK Hynix prepares for US stock market listing
SK Hynix is preparing to list on Nasdaq in the United States and raise $28 billion. The proceeds are set to fund new chip factories and production equipment. The planned sale is described as the second-largest share sale.

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