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Funding
Memory Chip Giant SK Hynix Bags $26.5B in Blockbuster US Listing
Summary
- South Korean memory chipmaker SK hynix Inc.
- has priced its American Depository Receipts at $149, raising around $26.5 billion ahead of its debut on the Nasdaq exchange Friday.
Why It Matters
Injects a massive amount of capital into a high-conviction project, highlighting concentrated investor backing.
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