SK Hynix's U.S.-listed shares surged 13% in their Nasdaq debut after the South Korean chipmaker raised $26.5 billion through a share sale, offering fresh evidence that investor appetite for AI-linked semiconductor stocks remains strong despite a recent pullback in the sector.
Korea’s second most valuable company is the latest beneficiary of the AI-driven investment wave that has fuelled massive interest in chipmakers expected to gain from the boom in artificial intelligence, which has triggered hundreds of billions of dollars in capital spending.
