SK Hynix’s $28B US share sale draws 7x oversubscription as AI chip hunger intensifies
SK Hynix’s $28B US share sale draws 7x oversubscription as AI chip hunger intensifies The South Korean memory chipmaker's massive Nasdaq listing is one of the largest share sales ever, backed by cornerstone investors committing up to $7 billion Share Add us on Google by Editorial Team Jul. SK Hynix, the South Korean memory chip giant that supplies the high-bandwidth memory powering Nvidia’s AI accelerators, just pulled off one of the largest share offerings in history, and the market couldn’t get enough of it. The company’s American Depositary Receipt listing on Nasdaq, trading under the ticker SKHY, saw demand exceed seven times the available shares.
- ▪SK Hynix’s $28B US share sale draws 7x oversubscription as AI chip hunger intensifies The South Korean memory chipmaker's massive Nasdaq listing is one of the largest share sales ever, backed by cornerstone investors committing up to $7 bil
- ▪SK Hynix, the South Korean memory chip giant that supplies the high-bandwidth memory powering Nvidia’s AI accelerators, just pulled off one of the largest share offerings in history, and the market couldn’t get enough of it.
- ▪The company’s American Depositary Receipt listing on Nasdaq, trading under the ticker SKHY, saw demand exceed seven times the available shares.
Opening excerpt (first ~120 words) tap to expand
SK Hynix’s $28B US share sale draws 7x oversubscription as AI chip hunger intensifies The South Korean memory chipmaker's massive Nasdaq listing is one of the largest share sales ever, backed by cornerstone investors committing up to $7 billion Share Add us on Google by Editorial Team Jul. 9, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); When a company tries to raise $28 billion and investors show up with $196 billion worth of…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.