SK Hynix Becomes Largest Foreign Company Listed on U.S. Nasdaq with $26.5 Billion IPO
SK Hynix, a major player in memory and storage technology driven by AI demand, made its debut on the Nasdaq as an American Depositary Receipt (ADR) on July 10, raising $26.5 billion—the largest U.S. listing ever for a foreign company. The offering exceeded expectations with seven times oversubscription.
