SK Hynix Surpasses Expectations with Strong US Market Debut

South Korean memory chip leader SK Hynix closed its first trading day on the US market up roughly 13%, raising $26.5 billion in what is now the largest IPO by a foreign company in the United States. The strong demand for high-bandwidth memory and storage chips, driven largely by AI development, has fueled investor interest.

By Daniel Howley · Technology Editor Updated Fri, July 10, 2026 at 11:04 PM GMT+3 4 min read · Yahoo Finance · July 10, 2026, 20:04 UTC

Tickers: $BABA $SKHYV

Topics: IPO Nasdaq listing SK Hynix stock market debut

Read the full article at Yahoo Finance

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