SK Hynix Raises $26.5 Billion in Record US Debut, Boosting AI Infrastructure Funding

South Korean memory chipmaker SK Hynix raised $26.5 billion in its American depositary share (ADR) offering, marking the largest-ever US first-time share sale by a foreign company. This significant fundraising provides a powerful channel for the world's top supplier of high-bandwidth memory (HBM) to tap investors interested in the rapidly growing artificial intelligence (AI) infrastructure market. The offering was priced at a premium, indicating strong confidence in its US reception.