ainewsblitz.com

Breaking

SK Hynix Plans $28bn Nasdaq Listing, Ex-OpenAI Researcher's Fund Among Backers

  • Infra & Chips
  • Funding & M&A

SK Hynix, the world's second-largest memory chipmaker, is moving ahead with a plan to raise up to about $28bn through a Nasdaq listing, with a hedge fund run by former OpenAI researcher Leopold Aschenbrenner among its cornerstone investors. Trading is set to begin on July 10, 2026, with pricing on July 9, structured as a secondary listing of American Depositary Receipts (ADRs).

Continue reading

The rest of this article is for AI News Blitz readers. Choose an option below to keep reading.

$20
Read this article
$29/month
Unlimited — all 9,061 articles, the full archive, and comprehension quizzes
Save 72%
$98/year
≈ $8.17/month
Unlimited, billed once a year