SK Hynix debuts on Nasdaq Friday with $28 billion IPO, AI memory boom
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SK Hynix has debuted on the Nasdaq, with its initial public offering reportedly valued at either $26.5 billion or $28 billion. The company's stock has risen, with some outlets citing a 13% increase, as investors seek to capitalize on the growth of AI-fueled memory chips. The debut has generated significant interest, with demand described as "enormous" and the offering reportedly oversubscribed by multiple times.
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