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The Nexus
BUSINESSJul 10 · 11:37 UTCWDIV CLICKONDETROITAssociated Press

SK Hynix hits the U.S. stock market as demand for memory chips soars amid AI frenzy

SK Hynix is entering the U.S. stock market with a $26.5 billion IPO, driven by soaring demand for memory chips fueled by AI advancements. The company partners with Nvidia and holds a dominant position in high bandwidth memory, a critical component for AI development.

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SK HynixorganizationU.S. stock marketplaceAmerican Depositary ReceiptstopicNvidiaorganizationAppleorganizationMicron TechnologyorganizationSamsungorganizationSouth KoreaplaceIndianaplace
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SK Hynix hits the U.S. stock market as demand for memory chips soars amid AI frenzy · The Nexus