Published：Jun 11, 06:26Last updated：Jun 25, 10:02

SK Hynix Pursues $29 Billion US Listing Amid AI-Driven Market Surge

Jun. 11, 2026 06:26

Samsung Electronics remained South Korea's most valuable brand in 2026, despite a 7.4% drop in brand value to 113.26 trillion won. SK hynix entered the top 10 for the first time, with its brand value rising 34.8% to 3.23 trillion won. Hyundai Motor and Kia ranked second and third, respectively.

Summarized

20News

7Media

Jun. 25, 2026 08:11

SK Hynix's shares surged 15% on the Seoul stock market on Thursday, driven by its plan to list American depositary receipts (ADRs) on the Nasdaq next month. The listing, valued at approximately $29 billion, is expected to be the second-largest share flotation in history. The announcement, coupled with strong earnings from Micron, contributed to the stock rally.

Jun. 25, 2026 10:02

SK Hynix, a major chip manufacturer, is planning a $29 billion US listing due to rising demand for AI-related technology. This follows recent large equity issuances in the sector, including Elon Musk's SpaceX. The move reflects the growing importance of AI in global markets. The listing is expected to attract significant investor interest.

SK Hynix's shares surged 12-15% following its announcement of a planned $29 billion US listing, potentially becoming the second-largest share flotation in history. The move aims to boost valuations through capacity expansion and greater access to foreign investors, with analysts predicting a 30% upside that could narrow the gap with rival Micron Technology. This development comes as the company capitalizes on soaring demand for AI-related memory chips, reinforcing its position as a key supplier in the global semiconductor market. Bloomberg+2

📊 Market Position Update

Samsung Electronics retained its position as the world's largest DRAM supplier with 38% market share in Q1 2026, while SK Hynix ranked second at 29%. Micron Technology held third place with 22% share. Despite Samsung's slight decline from previous years, the three companies continue to dominate the global DRAM landscape. Yonhap News Agency

💻 AI Sector Momentum

SK Hynix's US listing plan coincides with unprecedented demand for AI-related technology, mirroring recent large equity issuances like SpaceX. The company's specialization in high-bandwidth memory chips essential for AI computing has driven its market capitalization to 2,091 trillion won, recently surpassing Samsung's 2,090 trillion won valuation. The Independent+1

🌐 Global Investor Appeal

The Nasdaq ADR listing scheduled for next month has generated significant investor interest, particularly from international markets. This strategic move follows SK Group's 23.8% increase in social value generation to 32.2 trillion won in 2025, demonstrating balanced growth between financial performance and corporate responsibility. Nikkei Asia+1

AI boomSK GroupSK HynixSouth KoreaSamsung Electronics