importantSYS.SOURCE: TechCrunch• 2026-07-06T23:21:03Z

SK Hynix Plans U.S. IPO to Raise $28 Billion Amid AI Memory Chip Demand

#sk hynix #ai #memory chips #ipo #hardware

South Korean memory chipmaker SK Hynix is planning a U.S. Initial Public Offering (IPO) to raise approximately $28 billion, leveraging the AI boom. This move is fueled by massive demand for memory chips (HBM, DRAM, NAND) created by AI data centers, positioning SK Hynix as a key player in the AI hardware supply chain.

SK Hynix is experiencing a boom credited to AI. It will ride that to a multibillion-dollar U.S. IPO, expected to take place on Friday.

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