SK Hynix Raises $26.5 Billion in Largest U.S. IPO by Foreign Company Since Alibaba
South Korean memory-chip manufacturer SK Hynix raised $26.5 billion through a Nasdaq listing, marking the largest initial public offering (IPO) for a foreign company on American markets since Alibaba's 2014 debut. The strong demand and high valuation signal renewed interest in Asian tech firms seeking U.S. listings.
Topics: AI hardware foreign listings IPO memory chips