SK Hynix has made its Nasdaq debut, with its initial public offering reportedly valued at $26.5 billion. The company's stock surged at opening, with some outlets noting a strong start, while others suggest the IPO may be unraveling or has been delayed at some point. Jim Cramer has commented on the IPO, expressing bullishness on the company's prospects, particularly in relation to AI memory, and suggesting it may be the last big IPO of 2026 unless a hyperscaler intervenes.