How much is SK Hynix planning to raise in its Nasdaq listing?

SK Hynix plans to raise more than $29 billion through its ADR issuance on Nasdaq.

What is SK Hynix's parent company?

SK Hynix is a South Korean company and the world's second-largest memory-chip maker after Samsung Electronics.

SK Hynix Plans Nasdaq ADR Listing, Aims to Raise Over $29B

SK Hynix, the world's second-largest memory-chip maker, plans to issue American depositary receipts (ADRs) on the Nasdaq to raise more than $29 billion. Trading is expected to begin on July 10, 2026.

June 25, 2026

2 min read

Source: The Wall Street Journal

Key Numbers

amount raised

29B+

listing date

July 10, 2026

South Korea's SK Hynix, the world's second-largest memory-chip manufacturer, plans to issue American depositary receipts (ADRs) on the Nasdaq stock exchange, aiming to raise more than $29 billion. Trading is expected to commence on July 10, 2026, according to reports.

Listing Details

SK Hynix intends to list ADRs on the Nasdaq, allowing U.S. investors to purchase shares without directly trading on the Korean market. The company has not yet disclosed the number of shares to be offered or the expected price range.

Context

The move comes amid growing demand for memory chips, driven by artificial intelligence and cloud computing applications. SK Hynix is a key competitor to Samsung Electronics in the memory chip market.

What It Means for Investors

The Nasdaq listing offers international investors exposure to the Korean semiconductor sector through a familiar instrument. However, investors should consider risks related to chip price volatility and competitive dynamics in the industry.

Frequently Asked Questions

American Depositary Receipts (ADRs) are negotiable certificates representing shares of a foreign company, traded on U.S. exchanges like Nasdaq.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.