Key News
1. SK Hynix's US ADR listing was oversubscribed and will close for subscription at 4 p.m. New York time on July 8.
Individual Stock News
1. According to F-1 filings, SK Hynix applied to register the issuance of 17.9 million ordinary shares, and based on this, 7.9 million American Depositary Shares. SK Hynix expects net proceeds from the US IPO to be approximately $28 billion.
2. Research firms say Nvidia's (NVDA.O) next flagship product, designed to feature its 2027 Rubin Ultra chip and Kyber rack-mount architecture, has been delayed until 2028.
3. Broadcom and Apple reached an agreement to extend their chip partnership until 2031.
4. Micron Technology (MU.O) launched an expansion project for its Hiroshima factory, increasing 1γ DRAM and HBM production capacity.
5. Tesla (TSLA.O) saw a 42.02% year-on-year increase in new car sales in the UK in June, reaching 12,403 units.
6. Kioxia (Kioxia) and SanDisk (SNDK.O) begin production of their 10th-generation 3D NAND flash memory products at their Fab 2 plant in Beishang.
7. Micron Technology (MU.O) and Ford Motor Company (F.N) sign a strategic agreement to strengthen long-term memory supply and industry resilience.
