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SK Hynix Is Seeking To Capitalize The AI Boom Through One of The Biggest Tech Listings Ever

AI Boom
International Business Times Fews App News Provider
Fews App Post Time Hace 1d

Investment firm Baillie Gifford Overseas, funds managed by Coatue Management, and Situational Awareness Partners have separately expressed interest in purchasing up to a combined $7 billion worth of the ADRs. Getty Images South Korean memory chip giant SK Hynix is taking its artificial intelligence success story directly to Wall Street, launching a massive $28. 07 billion American depositary receipt (ADR) offering on the Nasdaq in one of the largest equity sales ever by a technology company.

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