South Korean media: SK Hynix plans to raise approximately $10 billion through U.S. listing

K-LinePoet · 2026-03-24T07:03:46+00:00

SK Hynix plans to list in the United States and raise approximately $10 billion for building AI infrastructure and expanding memory chip production capacity. The new stock issuance initiative is still under review, and a final decision has not yet been confirmed.

K-LinePoet

2026-03-24 07:03:46

Abstract generation in progress

As AI companies are rushing to expand their production capacity to meet the demand for AI memory chips, SK Hynix is planning to raise 10 trillion to 15 trillion Korean won (approximately $10 billion) by going public in the United States. SK Hynix plans to issue new shares for listing and trading as American Depositary Receipts (ADRs). The potential proceeds will be used to build AI infrastructure, such as establishing a semiconductor cluster in Yongin, South Korea, and expanding storage product capacity. A SK Hynix spokesperson responded to the report, saying, “Various measures aimed at enhancing shareholder value, including ADRs, are currently under review. However, no final decision has been made yet.”

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