SK Hynix Raises $26.5 Billion via US ADR Offering

South Korean chipmaker SK Hynix priced its American Depositary Receipts (ADRs) at $149, raising approximately $26.5 billion in a U.S. offering that was oversubscribed by more than seven times the available shares. The funds will be used to finance new factories and equipment for AI-related memory chips.

By Hyunjoo Jin, Pritam Biswas and Kane Wu Thu, July 9, 2026 at 4:38 AM GMT+3 5 min read · Yahoo Finance · July 9, 2026, 01:38 UTC

SK Hynix Raises $26.5 Billion via US ADR Offering

Tickers: $MU $SKHYV

Topics: AI chips SK Hynix stock offering U.S. listing

Read the full article at Yahoo Finance

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