South Korean chip giant SK Hynix raises $26.5bn in US share sale (world) — BBC News – World
BBC News – World ·world ·1 hour ago

South Korean chip giant SK Hynix raises $26.5bn in US share sale

SK Hynix raised $26.5 billion in its New York share sale on July 10, 2026, marking the largest listing by a foreign firm in the US. The company sold 177.9 million shares at $149 each, with demand exceeding supply by over seven times. This offering enhances US investor access to the leading AI chip supplier's shares.

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Published 10 Jul 2026, 01:45 UTC · Updated 10 Jul 2026, 02:00 UTC

Summary by OZbrief Editorial. Original report: BBC News – World. Editorial policy · Corrections