SK Hynix: IPO in the USA is imminent
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This article is also available in English. It was translated with technical assistance and editorially reviewed before publication. Don't show this again. The South Korean semiconductor group SK Hynix plans its IPO in the USA as early as August. This was reported on Wednesday by the Reuters news agency, citing two people familiar with the matter. SK Hynix wants to take advantage of the strong demand for AI-related stocks and broaden its investor base. According to the Reuters report, the US Securities and Exchange Commission (SEC) is expected to approve SK Hynix's corresponding application in the week after next. Details of the listing, including scope and timing, have not yet been decided, SK Hynix said in a statement to Reuters. The chipmaker had announced in March that it had confidentially filed an application for a US listing. At the time, it was said that the IPO could reach a volume of up to 14 billion US dollars. Videos by heise SK Hynix is the world's second-largest manufacturer of memory chips and an important supplier to the US group Nvidia. Thanks to its dominant position in high-performance memory chips (High Bandwidth Memory, HBM), which are used in AI servers, the South Korean company has benefited greatly from the AI boom and the memory crisis. With an IPO debut in August, SK Hynix would join the ranks of spectacular IPOs expected on the US stock markets in...
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