SK hynix has announced plans to raise up to 45.45 trillion won ($29.4 billion) through a stock offering tied to the listing of its American depositary receipts (ADRs) on the Nasdaq.
The move marks a significant expansion of the memory chipmaker’s capital markets footprint, aiming to deepen liquidity and broaden its investor base in the United States.
The offering represents one of the largest capital raises by a Korean technology firm in recent years.
By listing ADRs on Nasdaq, SK hynix seeks to enhance its visibility among global institutional investors who may have limited access to or familiarity with the Korean domestic market.
The strategy aligns with broader trends of Asian tech giants seeking dual-listings or ADR structures to tap into deeper US capital pools.
This development comes as investor attention in the semiconductor sector remains intense, driven by the ongoing AI infrastructure build-out.