SK Hynix plans $14bn US listing for AI memory boom

SK Hynix is preparing a US listing that could raise up to $14bn as soon as August, with a confidential filing for American depositary receipts. The Korean memory maker, whose shares rose 250% in 2026 and market value topped $1tn, dominates high-bandwidth memory supply for AI accelerators and recently signed a multi-year deal with Nvidia.