SK Hynix's $26.5 Billion Nasdaq Debut: Wall Street Bets on the King of AI Memory
SK Hynix's ADRs began trading on Nasdaq Friday after a record $26.5 billion raise, the largest-ever U.S. IPO by a foreign company. The world's dominant HBM supplier now trades in dollars for the first time — but a muted debut pop tells its own story.