Source: International Business Times
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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