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South Korean memory chip supplier SK Hynix priced its US listing at $26.5 billion on Friday, planning to issue approximately 18 million shares on Nasdaq in what ranks among the world's largest stock offerings. The semiconductor giant is capitalizing on soaring profits driven by global demand for advanced chips used in AI datacenters.
Why it matters: The IPO signals strong investor confidence in AI infrastructure plays and highlights how semiconductor suppliers are positioned to capture enormous value from the race to build AI computing capacity.
