SK Hynix, one of the world's biggest suppliers of high‑bandwidth memory crucial to artificial intelligence systems, is set to begin trading on Nasdaq through American depositary receipts (ADRs), giving investors a new way to buy shares in the South Korean chipmaker.
The ADRs are expected to begin trading on Nasdaq under the ticker SKHY, while the company's primary listing will remain on the Korea Exchange. Interest has risen ahead of the debut, with searches for SK Hynix stock, SK Hynix ADR, SK Hynix shares and SK Hynix Nasdaq listing climbing in recent days.