SK Hynix files for US listing to tap AI-driven investor demand

Proactive

Wed, March 25, 2026 astatine 10:05 AM CDT 1 min read

South Korean representation spot shaper SK Hynix has confidentially filed with the US Securities and Exchange Commission (SEC) for a imaginable listing of American Depositary Receipts (ADRs) connected a US banal exchange, aiming to implicit the process by the extremity of 2026.

The filing does not specify the size, method, oregon timing of the offering, though marketplace analysts estimation it could rise betwixt $10 cardinal and $14 cardinal (roughly 10–15 trillion won).

The ADRs would correspond SK Hynix shares held successful custody by a US depositary bank, allowing them to commercialized connected exchanges specified arsenic the New York Stock Exchange oregon Nasdaq.

SK Hynix said the US listing is intended to unafraid large-scale backing to grow accumulation of high-bandwidth representation and different chips utilized successful artificial quality infrastructure.

The institution has committed to important superior spending, including plans to acquisition astir $8 cardinal of utmost ultraviolet instrumentality from ASML by 2027.

The determination besides reflects management’s extremity of narrowing the “valuation gap” with US-listed peers, wherever AI-focused chipmakers often bid higher marketplace multiples than successful South Korea.

SK Hynix competes globally with different representation spot producers specified arsenic Samsung and Micron, which are besides investing heavy to grow capableness amid beardown request for AI-related semiconductors.