SK Hynix Just Raised $26.5 Billion in the Biggest U.S. IPO Ever by a Foreign Company. Here’s What It Signals for the AI Memory Boom.
Key Points SK Hynix priced 177.9 million American depositary shares at $149 each, raising about $26.5 billion. The offering was reportedly more than seven times oversubscribed. Micron guided for about $50 billion of fiscal fourth-quarter revenue, up from $41.5 billion in fiscal Q3. 10 stocks …