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SK Hynix opened at $170 per American depositary receipt (ADR) in its U.S. debut, up 14% from the $149 IPO price; shares climbed to $174 within minutes. Trading under temporary ticker SKHYV, the ADR offering raised $26.51 billion, the largest equity i

2026-07-10

SK Hynix opened at $170 per American depositary receipt (ADR) in its U.S. debut, up 14% from the $149 IPO price; shares climbed to $174 within minutes. Trading under temporary ticker SKHYV, the ADR offering raised $26.51 billion, the largest equity issuance ever by a non-U.S. company, underscoring investor appetite for firms positioned to benefit from the AI boom.

Other News
2026-07-11

SK Hynix's CEO warned current memory-chip shortages affecting PCs, autos and other devices may persist beyond 2030, saying customers are signing long-term contracts because they expect extended tightness. SK Hynix, Samsung Electronics and Micron Tech

SK Hynix's CEO warned current memory-chip shortages affecting PCs, autos and other devices may persist beyond 2030, saying customers are signing long-term contracts because they expect extended tightness. SK Hynix, Samsung Electronics and Micron Technology have been primary beneficiaries of AI-driven data-centre spending, which is boosting demand for traditional DRAM and new high-bandwidth memory (HBM) and making it harder to satisfy broad storage-chip demand. SK Hynix analysis indicates shortages could last into the next decade, and customer signals point to an expected prolonged supply shortfall.
2026-07-11

FITCH affirms Saudi Arabia's rating at 'A+'; outlook stable.

FITCH affirms Saudi Arabia's rating at 'A+'; outlook stable.
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