SK Hynix's $29 Billion Nasdaq Listing Could Reshape AI Memory Trade
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SK Hynix has made a significant listing on Nasdaq, with the deal's value reported as either $26.5 billion, $28 billion, or $29 billion. The listing is notable as it is reportedly the largest US listing by a foreign company. The company's stock has seen a strong debut, with shares rising nearly 13% amid surging demand for memory chips driven by the AI sector.
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