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SK Hynix Inc. is seeking a $29 billion US stock-market listing on the Nasdaq, expected July 10, to give American investors direct access to its AI memory chips. The South Korean semiconductor manufacturer trades at a discount to US rival Micron Technology Inc., and its Korea-listed shares have gained about 700% over the past 12 months.
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Fortune leads with the stock's massive rally, while Reuters leads with the planned investment size, downplaying the market performance.
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