SK Hynix Climbs 13% After Record $26.5 Billion US Offering
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SK Hynix's stock has climbed 13% after a record $26.5 billion US offering. The company's US market debut was reportedly oversubscribed, with some outlets noting it was more than seven times oversubscribed. The successful offering comes as the company warns of a prolonged memory chip shortage, potentially lasting beyond 2030.
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