SK Hynix Eyes US Listing, Aims for AI Chip Market
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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SK Hynix, a South Korean memory chip maker, has filed for a potential US stock exchange listing, aiming to raise between $10-14 billion. This move aims to close the valuation gap with US rivals and fund investments in high-bandwidth memory for AI. The cash injection could also benefit Samsung Electronics, urged by investors to follow suit.
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