ChipsCNBC Techabout 2 hours ago
SK Hynix Nasdaq debut tests Korea discount
1 min read
SK Hynix debuts on Nasdaq Friday via ADRs priced at $149 apiece, raising about $26.5 billion. The chipmaker trades at 4.8 times forward earnings versus Micron's 6.6 times and an industry median of 29.84 times. The listing aims to narrow the Korea discount by improving access for U.S. investors.
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