South Korea's SK Hynix launching $28 billion US listing to ride global AI wave
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SK Hynix is launching a $28 billion US listing, reportedly to capitalize on the global AI trend. The move is described as a significant development, with some outlets characterizing it as a record IPO, and one report indicating that the offering is more than 7 times oversubscribed. The listing is expected to bring a surge of interest from the Korean market to the US.
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