CNA·3 min read·medium
SK hynix: From near collapse to AI chip powerhouse behind record US listing
C
Chelsea Ong
✦AI Summary
South Korean semiconductor giant SK hynix has successfully debuted on the Nasdaq, raising $26.5 billion in the largest US listing by a foreign company. The firm's growth is largely attributed to its pivotal role in the global artificial intelligence hardware boom.
Once on the edge of financial ruin, the South Korean chip giant has rebounded to debut on Wall Street in what is the largest US listing by a foreign company.
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