SK Hynix jumps 13% in Nasdaq debut after $26.5 billion ADR sale
What's new: The stock then fell more than 10% in Seoul as investors took profits and trimmed earnings expectations.
Series: Sk Hynix · Nasdaq Adr Debut · 3 chapters since Jul 10Subject
#Chey Tae Won
SK Hynix jumps 13% in Nasdaq debut after $26.5 billion ADR sale
Why it matters: The AI-memory leader opened a major new path for US investors to buy into South Korea's chip boom.
Nvidia, SK set Monday chip plan as Huang warns shortage may last years
Why it matters: Tight supplies of memory, wafers and packaging could keep pressure on AI hardware production for several years.