The Latest Breaking News from SK Hynix

Micron's $250 Billion Bet Could Reshape the AI Memory Race

Micron accelerated its $250 billion U.S. fabrication buildout, securing a domestic silicon supply deal with GlobalWafers as it races SK Hynix in the HBM4 memory market.

MarketBeat · Jul 10

SK hynix raises a record $26.5 billion in historic U.S. IPO — South Korean memory giant to fund massive HBM manufacturing expansions

SK hynix raised $26.5 billion in a record-breaking Nasdaq IPO, as it plans to channel the windfall from surging AI demand and sold-out HBM supply to fund new fabs.

Tom’s Hardware · Jul 10

SK Hynix Debuts on the Nasdaq Today. Waiting to Buy SKHY Stock May Be the Better Bet.

SK Hynix's Nasdaq debut gives investors direct exposure to the AI memory leader, but IPO history suggests caution. Waiting for post-launch volatility to settle may provide a better buying opportunity.

Barchart · Jul 10

SK Hynix hits the U.S. stock market as demand for memory chips soars amid AI frenzy

SK Hynix, one of the world’s largest makers of memory chips, is hitting the U.S. stock market at a time when demand for its chips is far outpacing its ability to make them thanks to the frenzy over artificial intelligence

The Independent UK · Jul 10

South Korean billionaire's risky bet pays off, as SK Hynix debuts in New York

South Korean billionaire Chey Tae-won's bold acquisition of SK Hynix has paid off significantly. The company became a major AI chip producer after betting on niche technology. SK Hynix's strategic investment in high-bandwidth memory chips proved highly successful. However, concerns about slowing AI spending and potential oversupply are now emerging.…

The Economic Times · Jul 10

First Thing: ICE agents ‘looking for someone else’ when they killed Lorenzo Salgado Araujo

Immigration and Customs Enforcement agents were reportedly seeking two people from Guatemala. Plus, readers recommend the best films of 2026 so far

The Guardian - UK · Jul 10

Howard Lutnick Tells Samsung and SK Hynix They Have 'No Choice' but to Build US AI Memory Fabs— and Micron's CEO May Not Be Happy

In a direct push to secure America’s artificial intelligence hardware pipeline, U.S. Commerce Secretary Howard Lutnick has publicly pressured South Korean semiconductor giants Samsung Electronics and SK Hynix Inc. (NASDAQ:SKHY) to construct local AI memory fabs.

Benzinga · Jul 10

Stock Index Futures Slip as Chip Rally Fades, SK Hynix Debut in Focus

September S&P 500 E-Mini futures (ESU26) are down -0.11%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.41% this morning, taking a breather after a chip-led rally in the prior session, with all eyes on the U.S. trading debut of SK Hynix.

Barchart · Jul 10

Rupee slips on week as Iran flare-up spurs caution, merchant hedging

The Indian rupee ended nearly unchanged on Friday, but the week closed on a weaker note. Investor caution grew amid renewed hostilities in the Middle East, impacting oil-affiliated currencies. Meanwhile, global stock markets thrived, propelled by AI innovation and SK Hynix's entry in the US. The Japanese yen gained momentum…

The Economic Times · Jul 10

SK Hynix set for marquee US debut in test for AI appetite

SK Hynix's U.S. debut tests investor belief in the AI boom's durability. The South Korean chipmaker's offering is the second-largest share sale in the United States. This move provides direct access to the world's largest pool of investors. SK Hynix leads in high-bandwidth memory chips essential for AI. Spending on…

The Economic Times · Jul 10