SK Hynix Raises $30.76 Billion in Nasdaq ADR Listing on July 16, Wins Praise from NVIDIA CEO

SK Hynix-9.65%
SKHY-8.93%
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According to Korean media reports, SK Hynix listed its American Depositary Receipts (ADR) on Nasdaq on July 16, raising approximately 400 trillion won ($30.76 billion). The capital raise aims to strengthen the company's position in the AI semiconductor market.

NVIDIA CEO Jensen Huang praised the listing, calling it "extremely successful" after the company's activity in Tokyo on July 15, according to industry sources.

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