SK hynix to launch $28bn Nasdaq listing amid global AI chip demand

SK Hynix has initiated the marketing process for a US listing on the Nasdaq, valued at $28bn, driven by significant investor demand. This strategic move aims to provide investors with direct access to a primary player in AI infrastructure growth. The listing comes amid surging global AI chip demand, potentially reshaping AI investment strategies as the company leverages its position to support the expanding requirements of the artificial intelligence sector on a global scale.