Topic
ADR
SK Hynix US share sale oversubscribed more than seven times amid AI boom
South Korean memory-chip producer SK Hynix has drawn significant global institutional interest for its US share offering, signaling confidence in the AI data-center boom.
SK Hynix $28 billion ADR offering heavily oversubscribed ahead of debut
SK Hynix has closed bookbuilding for its ADR offering, which seeks to raise capital to expand high-bandwidth memory production and fund new facilities.