000660.KS is trading 8.3% up 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 landmark U.S. share sale—set to be the largest ADR offering ever—will finance the construction of new fabs, advanced packaging facilities, and the purchase of chipmaking equipment.
- Investors are reacting to the company's aggressive move to secure capital to meet surging global demand for High Bandwidth Memory (HBM) and AI-related infrastructure.