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SK Hynix jumped in its Nasdaq debut after a $26.5B share sale, driven by booming AI demand for memory chips and strong analyst interest.
Editorial companion
SK Hynix's Nasdaq debut, a $26.5 billion initial public offering (IPO), lit up the tape and underscored how hungry markets are for AI infrastructure bets. The listing, the largest U.S. share sale ever by a foreign company, is a direct revenue and optics win for Nasdaq, Inc., which collects listing fees and benefits from elevated post-IPO trading volumes. For investors this matters because Nasdaq has averaged about 10.3% revenue growth and roughly 20.0% net income growth, suggesting durable earnings power even as its short-term technicals have cooled.
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