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SK Hynix’s AI Memory Boom | Raleigh News
SK Hynix just made history with the largest U.S. IPO ever by a foreign company, raising $26.5 billion on Nasdaq—opening the door for American investors to tap into its AI powerhouse role. The stock’s wild debut, with dips and surges, underscores massive market interest in its dominant position in high-bandwidth memory, the critical component feeding AI chips. With over 56% of global HBM revenue, SK Hynix, alongside Samsung and Micron, powers Nvidia’s AI accelerators. Funds raised will expand fabs in Korea and build a new advanced packaging plant in Indiana by late 2028. Despite early jitters…
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