SK Hynix shares dropped over 15% in Seoul, marking their worst day, following a strong Nasdaq debut. Investors are booking profits and assessing AI memory chip demand against recent stock surges, creating valuation uncertainty.
SK Hynix shares dropped over 15% in Seoul, marking its worst trading day, following a strong Nasdaq debut. Investors are booking profits and assessing AI memory chip demand against the stock's recent surge, creating valuation uncertainty.
SK Hynix shares dropped over 12% in Seoul Monday following a strong Nasdaq debut Friday. Investors are weighing AI memory chip demand against valuation concerns and profit-taking, creating a discount between its US and Korean listings.
SK Hynix shares dropped over 10% in Seoul after a strong Nasdaq debut, as investors took profits and debated AI chip demand versus stock valuation. Analysts cited confusion over fair pricing and a discount rate between US and Korean listings.
South Korean chipmaker SK hynix will list its American depositary receipts on Nasdaq on Friday, aiming to raise approximately $26.5 billion. The move seeks to broaden access to global investors interested in the booming AI infrastructure market and enhance the company's long-term fundraising capabilities.
South Korean chipmaker SK hynix plans to raise approximately $26.5 billion (40 trillion won) through the listing of its American depositary receipts (ADRs) on the Nasdaq. This offering, priced at $149 per ADR, aims to fund a new semiconductor plant and advanced chip packaging facility, and invest in EUV lithography equipment. The listing is set to be the largest U.S. equity debut by a foreign company, surpassing Alibaba's IPO, and the world's second-largest stock sale after SpaceX.
SK hynix has reportedly bought approximately 20 trillion won (US$13.2 billion) in bonds this year, driven by record earnings in the semiconductor industry. The chipmaker is investing its swelling cash reserves in various high-grade credit products to manage excess liquidity.
South Korean chipmaker SK hynix plans to raise up to $28.14 billion through a stock offering linked to its American Depositary Receipts (ADRs) listing on Nasdaq. The funds will support factory construction and equipment purchases.
SK hynix has resubmitted an amended F-1 Form to the SEC, disclosing potential litigation risks from an antitrust class action suit over DRAM pricing. The company also reported a leading 56.4% market share in HBM in Q1.
SK hynix surpassed Samsung Electronics in market capitalization on Monday, becoming South Korea's most valuable listed company. This shift is attributed to SK hynix's strong performance in the AI chip market, particularly HBM, and its significant stock gains this year.
SK hynix has overtaken Samsung Electronics in market capitalization for the first time, reaching 2,091 trillion won compared to Samsung's 2,090 trillion won. This marks the first time since 2000 that Samsung has lost its top position on the KOSPI index.
SK hynix has begun shipping samples of its 12-layer HBM4E chip, designed for AI applications, to global customers. The new chip offers over 20% greater power efficiency than previous models, aiming to enhance AI training and inference workloads.
SK hynix Inc. expanded its workforce by over 2,000 employees last year, driven by the global AI boom and increased demand for memory chips. This hiring surge contrasts with a broader slowdown in South Korea's job market, where overall manufacturing employment has declined.
SK hynix to begin second phase of fabrication plant construction in Yongin, South Korea, in August, amid global memory chip shortage driven by AI demand.
SEOUL, April 23 (Yonhap) -- SK hynix Inc. said Thursday its revenue and profits ...
SK hynix reported record Q1 2025 earnings with net profit of 40.34 trillion won, up 397.6% year-on-year, driven by robust demand for high-bandwidth memory (HBM) and rising DRAM prices. Sales reached 52.57 trillion won, the first time a South Korean chipmaker exceeded 50 trillion won in quarterly revenue. Operating income surged 405.5% to 37.61 trillion won, exceeding analyst expectations of 31.95 trillion won. The company attributed the growth to AI infrastructure investments and strong sales of high-value products including HBM, server DRAM modules and eSSDs.
SK hynix reported record Q1 earnings with net profit of 40.34 trillion won, up 397.6% year-on-year, driven by robust demand for high bandwidth memory (HBM) and rising DRAM prices. Sales jumped 198.1% to 52.57 trillion won, exceeding analyst expectations of 31.95 trillion won.
SK hynix has begun mass production of its 192GB SOCAMM2 module, a next-generation memory solution based on sixth-generation 10nm-class LPDDR5X technology designed specifically for Nvidia's Vera Rubin AI platform. The module delivers more than double the bandwidth and over 75 percent improved power efficiency compared with conventional RDIMMs, targeting memory bottlenecks in large language model training and inference.
