SK Hynix and Micron Technology are among the most active names in US premarket trading, alongside MGM Resorts, as investors position ahead of the memory chip giant's upcoming US listing.
SK Hynix is set to begin trading on a US stock exchange on Monday, aiming to raise approximately $28 billion through the offering, according to regulatory filings cited by Portfolio.hu.
The move marks a significant expansion for the South Korean memory chip maker, which has been a key beneficiary of the artificial intelligence boom.
US equity index futures posted mixed gains in early Friday trading as investors balanced profit-taking in artificial intelligence names against anticipation of major corporate events later in the week.
The session followed a period of heightened volatility in the semiconductor sector, with traders closely watching SK Hynix's pricing dynamics ahead of its debut.
MGM Resorts also saw significant premarket activity, reflecting broader market sentiment as investors navigated a mix of corporate earnings and macroeconomic data.