SK Hynix Lists ADR on Nasdaq, Raises 40 Trillion Won for Chip Production Expansion

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According to Yonhapnews, SK Hynix listed American Depositary Receipts (ADR) on the Nasdaq today (July 9), raising 40 trillion won (approximately $30 billion) to strengthen its position in the global semiconductor market. The company plans to deploy the capital toward expanding production capacity and enhancing product competitiveness amid accelerating artificial intelligence investment and rising global memory chip demand.
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