SK Hynix is working on mega IPO of $28bn on Nasdaq

In order to benefit from the global rise of artificial intelligence, South Korean semiconductor giant SK Hynix is launching a listing in the United States worth $28 billion (around €24.5 billion). According to official regulatory documents, the company plans to offer 17.79 million new shares via depositary receipts on the Nasdaq. That move is intended [&hellip The post SK Hynix is working on mega IPO of $28bn on Nasdaq appeared first on TechCentral.ie.