South Korean memory chipmaker SK Hynix Inc. completed the largest US public listing by a foreign company on record, and its shares jumped 13% in their first day of trading, according to Bloomberg.
The debut is being framed as a bet that demand tied to artificial intelligence can help break the semiconductor industry’s traditional boom-and-bust cycle.
STOCKS | SK Hynix US Debut Bets AI Can Smooth Chip Industry Cycles
2026-07-10 22:01:49
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