SK Hynix seeks access to AI investors in $29 billion U.S. listing
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
SK Hynix is seeking a US listing, with reports suggesting a target valuation of around $29 billion, although one outlet mentions a slightly lower figure of $28 billion. The listing is reportedly intended to gain access to investors in the artificial intelligence sector. The move comes amid surging demand for AI, with other companies in the industry, such as Kioxia, also experiencing significant profits.
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