SK Hynix, Key Nvidia AI Partner, Begins Trading on Nasdaq

SK Hynix, the primary supplier of high-bandwidth memory (HBM) chips for Nvidia's AI accelerators, began trading on the Nasdaq on Monday under the ticker "SKHY." The listing comes as the company experiences surging demand from AI data centers, pushing its revenue growth to over 100% year-over-year.

Listing Details

SK Hynix listed its shares on the Nasdaq through American Depositary Receipts (ADRs), making it easier for U.S. investors to buy its stock. The company did not disclose the offering size or initial price.

Why It Matters

SK Hynix is one of the few companies capable of producing HBM3 and HBM3E memory chips, which are critical for accelerating AI model training in data centers. Nvidia is its largest customer, using these chips in its H100 and B100 series GPUs.

Financial Growth

SK Hynix reported record revenue of 17.5 trillion Korean won (approximately $13 billion) in the second quarter of 2025, up 125% from the previous year. The company also posted record operating profits.

What This Means for Investors

The Nasdaq listing offers investors direct exposure to the AI supply chain, particularly as demand for high-performance memory chips continues to grow. However, risks include heavy reliance on Nvidia and volatility in memory chip prices.