Monday, 24 August 2026 Newsarchy UK live index
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ADR

SK Hynix US share sale oversubscribed more than seven times amid AI boom

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.

Business ·9 Jul 2026, 09:35 ·Maeve Turner 4 min read
SK Hynix $28 billion ADR offering heavily oversubscribed ahead of debut

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.

Business ·8 Jul 2026, 15:35 ·Maeve Turner 3 min read