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SK Hynix Plans $28 Billion Nasdaq Share Sale

Nidhi Kolhapur
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Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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Jul 6, 2026 05:52 UTC
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Nidhi Kolhapur
author-profile
Nidhi Kolhapur right arrow
Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

  • author facebook
  • author twitter
  • linkedin
Jul 6, 2026 05:52 UTC
Less than a minute
KOSPI Index Crash: South Korea Stock Market Bloodbath Live Updates

SK Hynix plans a $28 billion Nasdaq ADR listing by selling 17.79 million new shares. Based on the source, the offering would rank among the largest global share sales, alongside Saudi Aramco’s $29.4 billion listing and above Alibaba’s $25 billion debut in 2014. The company says it will use the proceeds to expand chip manufacturing capacity. The listing is expected to move forward as the share sale is completed and the funds are directed toward planned chip plant expansion.

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