000660.KS is trading 8.3% up now at KRW 2,838,500 after SK hynix unveiled plans to raise approximately $29 billion via a Nasdaq ADR listing to fund major AI-related capacity expansion.
- The record-sized U.S. equity raise is intended to finance new fabrication plants, advanced packaging facilities, and specialized chip equipment.
- The move aims to solidify the company's leadership as a primary high-bandwidth memory (HBM) supplier amid the ongoing global AI boom.