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SK Hynix Raises $26.5B in Record Nasdaq Listing

  • Infra & Chips
  • Funding & M&A

On July 10, 2026, SK Hynix began trading American Depositary Receipts (ADRs) on the U.S. Nasdaq, pricing them at $149 apiece to raise a total of $26.5 billion. It is the largest U.S. listing ever by a foreign company, and behind it lies a bet that the AI boom has structurally reshaped the memory chip industry's characteristic boom-and-bust cycle.

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