SK Hynix's US listing has been oversubscribed by 7 times, with the expected raise potentially totaling between $24.5 billion and approximately $27.9 billion, although one report suggests it could be as high as $28 billion. The company is set to debut on the Nasdaq, with some outlets reporting the listing is expected to occur soon. The oversubscription has reportedly sparked a rally in the memory sector, with related stocks experiencing gains.