Tag: $SK Hynix

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.

South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand

South Korea’s government is in talks with Samsung Electronics and SK Hynix over plans for the next phase of large-scale investments in semiconductor production facilities, an official said on Wednesday, adding an announcement on a new chip cluster would be made soon.

SK Hynix, one of the three major memory-chip makers whose shares have surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it’s going to issue American depository receipts, giving U.S. investors an easier way of investing in the company.

SK Hynix plans to list its shares in ‌the U.S. as soon as August, said two sources familiar with the matter, as the South Korean memory chipmaker seeks to capitalise on strong appetite for AI-linked stocks and broaden ​its investor base.

 Nvidia on Monday announced a series of deals in South Korea with tech giants including SK Hynix ‌and Naver, as it looks to secure crucial memory chips to power its AI ambitions and entice new customers.

SK Hynix told ​investors this week it received “tremendously positive” feedback on its proposed U.S. listing as the chipmaker ‌benefits from strong demand for advanced memory semiconductors needed to run AI data centers, a source familiar with the matter said on Thursday.

SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally.

Google’s latest research which claims to make AI models more efficient is putting pressure on memory stocks, with investors concerned the breakthrough could see a slowdown in chip demand.

South Korean chipmaker SK Hynix plans a confidential ​filing to list shares in the U.S. in the second half of 2026, the company said on Tuesday, which a source said could raise as ‌much as $14 billion.

South Korea’s SK Hynix on Wednesday reported record full-year profit for 2025, more than doubling its operating earnings as shortages of AI-related memory chips pushed prices higher and helped it beat market expectations.

South Korea-based memory maker SK Hynix announced Tuesday it will invest 19 trillion Korean won ($12.9 billion) to build a new advanced packaging plant, as it expands production to meet rising demands tied to artificial intelligence.

The U.S. government has granted an annual licence to Samsung Electronics (005930.KS) and SK Hynix (000660.KS) bring in chip manufacturing equipment to their facilities in China for 2026, two people familiar with the matter said on Tuesday.

South Korean memory chipmaker SK Hynix said Friday that it was ready to mass produce its next-generation high-bandwidth memory chips, staying ahead of rivals and sending the company’s stock soaring.

Shares of SK Hynix rallied 6.5% on Monday after the business announced a next-generation memory chip and the parent company’s chair said that the South Korean semiconductor firm sped up the supply of a key product to Nvidia

South Korea’s SK Hynix, one of the world’s largest memory chipmakers, on Thursday posted record quarterly profit, boosted by strong demand for its high bandwidth memory (HBM) used in generative AI.