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SK Hynix Secures $26.5B in Largest US Foreign IPO, Urged to Expand US Chip Manufacturing

The surge in AI chip demand culminated in SK Hynix’s record-breaking $26.5 billion IPO in the United States, the largest ever for a foreign company. Following this financial milestone, there is growing pressure for SK Hynix and Samsung to invest in new semiconductor fabrication plants on American soil to meet increasing technology needs.

TechCrunch
TechCrunch