SK Hynix IPO: Everything You Need to Know About SK Hynix

SK Hynix completed a landmark $26.5 billion US IPO on July 10, 2026, listing 177.9 million American depositary shares at $149 each on Nasdaq under ticker SKHY. The South Korean memory-chip manufacturer, a major AI infrastructure supplier, became the largest US IPO by a foreign company. The company benefits from strong demand for high-bandwidth memory (HBM) products used in AI processors, but faces risks from cyclical memory markets, competition from Samsung and Micron, and geopolitical exposure.