SK Hynix Prepares Nasdaq Listing to Raise $28 Billion

SK Hynix is preparing to list on Nasdaq in the United States, with the aim of raising $28 billion. The company plans to direct the proceeds toward new chip factories and production equipment. The move would place the memory chip maker on a major U.S. exchange and would be one of the largest share sales of its kind. The listing reflects a large financing plan tied to future production capacity and equipment needs.