Tag: hynix
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SK Hynix US listing more than seven times oversubscribed, source says
SEOUL, July 9 : Demand for SK Hynix’s $28 billion U.S. share sale was more than seven times available shares, a person familiar with the matter said, underscoring huge investor appetite for one of the most important companies in the AI supply chain.The offering from the South Korean chipmaker, which will fina
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Dollar-selling linked to SK Hynix share offer sends won to over 1-month high, source says
SEOUL, July 8 : Dollar-selling related to a U.S. share sale by South Korean chipmaker SK Hynix emerged in the country’s dollar-won forwards market on Wednesday, sending the won to a more than one-month high, a source familiar with the matter told Reuters. “There is forward selling related to SK Hynix American
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SK Hynix to bring ADR funds to South Korea by around July 15, source says
SEOUL, July 7 : SK Hynix is expected to bring U.S. dollars into the country by around July 15, converting a part of the funds it raises in its offering of American depositary receipts (ADRs) into the won, a source familiar with the matter said on Tuesday.The South Korean chipmaker launched a U.S. share sale…
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South Korea’s SK Hynix launching $28 billion US listing to ride global AI wave
July 6 : South Korean chipmaker SK Hynix will launch a U.S. listing on Monday to raise about $28 billion, according to regulatory filings, as it capitalises on the global artificial intelligence boom with one of the world’s largest new share sales.The company will sell 17.79 million new shares in the deposito
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South Korea’s SK Hynix to launch $28 billion US listing to ride global AI wave
July 6 : South Korean chipmaker SK Hynix will on Monday launch its about $28 billion U.S. listing, according to its regulatory filings, in one of the world’s largest new share sales as it capitalizes on the global AI boom.The company will sell 17.79 million new shares in the depository receipt listing on the
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SK Hynix considering 0.5% fee payout in ADR offering, Bloomberg News reports
July 4 : SK Hynix is considering paying about 0.5 per cent of the proceeds from its U.S. listing to banks working on the deal, Bloomberg News reported on Saturday citing people familiar with the matter. • The South Korean chipmaker has indicated it could issue up to 2.5 per cent of its outstanding share
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SK Hynix to spend $64 billion on memory chip plants under broader AI investment plan
SEOUL, July 2 : SK Hynix said it would invest 100 trillion won ($64.38 billion) to build new chip plants, including one for NAND flash memory, as part of a massive South Korean investment drive aimed at spreading returns from the AI boom beyond Seoul. The projects in the central city of Cheongju outlined on…
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SK Hynix to spend $64 billion on flash memory chip plants under broader AI investment plan
SEOUL, July 2 : SK Hynix said it would invest 100 trillion won ($64.38 billion) to build new chip plants, including one for NAND flash memory, as part of a massive South Korean investment drive aimed at spreading returns from the AI boom beyond Seoul. The projects in the central city of Cheongju outlined on…
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SK Hynix to spend $64 billion on chip plants under broader AI-driven investment plan
SEOUL, July 2 : SK Hynix said on Thursday it planned to invest 100 trillion won ($64.38 billion) to build new NAND memory chip and packaging factories as part of a massive investment programme aimed at addressing a shortage driven by the AI boom.The projects in the country’s central city of Cheongju outlined
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SK Hynix to build $51 billion NAND memory chip factory by 2029
SEOUL, July 2 : SK Hynix said on Thursday that it plans to invest 80 trillion won ($51.46 billion) to build a new factory for NAND memory chip production by 2029 to address a shortage driven by the AI boom. SK Hynix plans to start construction of the new fab, called M17, in the South…
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