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Memory maker SK hynix files for $29B US IPO amid AI demand

Summary

SK hynix Inc., the world's largest supplier of HBM memory, today filed to list its shares on the Nasdaq stock exchange. The South Korean company hopes to sell up to 17.79 million shares for $29.4 billion. The public offering is expected to be the second-largest on record after the recent listing of

Why It Matters

Signals increasing investor interest and capital allocation in AI startups.

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