AIFortuneabout 2 hours ago
SK Hynix pulls off second-largest U.S. share sale
8 min read
SK Hynix raised $26.5 billion in its Nasdaq debut, the largest U.S. listing by a foreign company and second-largest share sale in U.S. history after SpaceX. Shares rose 12.8% on the first day. The chipmaker controls roughly 60% of the global HBM market, powering Nvidia processors amid an AI-driven shortage.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
