IllustrativeSouth Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing
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SK Hynix, a South Korean chip maker, has raised a significant amount of money in a US listing, with reports varying between $26.5 billion and $28 billion. The listing is seen as a test of investor appetite for companies involved in the AI boom. The move is part of a larger trend of memory makers benefiting from the current AI-driven demand.
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