SK Hynix plans to list on the U.S. stock market at $166 per share, with institutional analysts projecting a potential upside of 20%.
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SK Hynix, a south korean chipmaker, is planning to list on the US stock market. The listing is expected to be significant, with some outlets suggesting it could raise $24.5 billion, although its success is uncertain due to a recent decline in ai chip stocks. The company's US debut is seen as a test of wall street's appetite for memory stocks, with some analysts projecting a potential upside and others noting the challenges in the market.
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