SK Hynix’s Record-Setting U.S. Debut: Here’s What Regular Investors Should Know

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Ty Roush is a breaking news reporter based in New York City.

Jul 10, 2026, 08:33am EDTJul 10, 2026, 08:36am EDT

Topline

South Korean chipmaker SK Hynix will begin trading on the Nasdaq on Friday, after completing the largest U.S. share sale ever by a foreign company, marking the third-largest debut on record behind SpaceX’s listing last month.

South Korea’s SK Hynix raised $26.5 billion in its listing, making it one of the largest trading debuts ever.

AFP via Getty Images

Key Facts

SK Hynix disclosed in a filing Thursday it would issue 177.9 million American depository receipts (ADRs), or certificates representing ownership of shares in a foreign company, priced at $149 each.

One common share will be represented by 10 ADRs, priced at $1,490—and that’s slightly higher than the company’s Seoul-based listing, which ended Friday at about $1,450.

SK Hynix raised $26.51 billion through its ADR offering, the company disclosed, making it the largest U.S. share sale ever by a foreign company.

This is a developing story.

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