{"id":318,"date":"2026-06-26T08:13:22","date_gmt":"2026-06-26T00:13:22","guid":{"rendered":"https:\/\/aidashxp.com\/sk-hynix-29-billion-us-ipo-ai-memory\/"},"modified":"2026-06-26T08:13:22","modified_gmt":"2026-06-26T00:13:22","slug":"sk-hynix-29-billion-us-ipo-ai-memory","status":"publish","type":"post","link":"https:\/\/aidashxp.com\/en\/sk-hynix-29-billion-us-ipo-ai-memory\/","title":{"rendered":"SK Hynix goes public in the US for US$29 billion: a historic IPO for the AI \u200b\u200bstorage king"},"content":{"rendered":"

On June 24, the world\u2019s second largest memory chip manufacturerSK Hynix<\/strong>Submit regulatory documents to the U.S. Securities and Exchange Commission and plan to list via Nasdaq ADRRaised 45.45 trillion won (approximately US$29.4 billion)<\/strong>. If it goes public on July 10 as planned, it will be one of the world's largest stock offerings after Saudi Aramco's record-breaking IPO in 2019.<\/p>\n\n\n\n

The market crowning of the king of AI storage<\/h2>\n\n\n\n

SK hynix isHBM (High Bandwidth Memory)<\/strong>The absolute overlord in the field. This high-speed memory chip specially designed for AI training and inference is the core supporting component of NVIDIA H200\/B200 GPU and Google TPU. As the global AI data center construction frenzy continues, HBM demand has skyrocketed - SK Hynix's stock price has risen more than 200% in the past year, and officially surpassed Samsung Electronics on June 23 to becomeSouth Korea\u2019s most valuable company<\/strong>.<\/p>\n\n\n\n

The core purpose of this listing in the United States is very clear:repricing<\/strong>. The management of SK Hynix bluntly stated that the purpose of choosing the world's largest capital market is to obtain a more accurate valuation of the company's status as a \"key supplier of AI infrastructure\" - it is no longer just a Korean semiconductor company, butThe price setter of the global AI computing power supply chain<\/strong>.<\/p>\n\n\n\n

A $29 billion plan<\/h2>\n\n\n\n

According to the document, SK Hynix plans to issue 17.9 million new shares and the listing venue will be Nasdaq. This money will mainly be used forExpanding HBM\u2019s advanced packaging capabilities<\/strong>\u2014\u2014Currently, SK Hynix\u2019s factories in Cheongju and Icheon, South Korea, are operating at full capacity. The demand for HBM3E and next-generation HBM4 from American AI customers (NVIDIA, Google, etc.) far exceeds the supply.<\/p>\n\n\n\n

For comparison: SK Hynix\u2019s full-year capital expenditure in 2025 will be approximately US$15 billion, and this IPO fundraising is close to the total of its two-year capital expenditure. This confirms the popularity of the AI \u200b\u200bstorage market from the side.<\/p>\n\n\n\n

What does it mean for the AI \u200b\u200bindustry?<\/h2>\n\n\n\n

The listing of SK Hynix in the United States is a landmark event that brings the AI \u200b\u200bsupply chain from behind the scenes to the front. In the past two years, NVIDIA has been the protagonist of the AI \u200b\u200bchip narrative, butWithout HBM, there is no large model training<\/strong>\u2014\u2014This fact is being repriced by the capital market.<\/p>\n\n\n\n