SK Hynix Jumps 13% in Record $26.5B Nasdaq Debut — the Largest-Ever U.S. IPO by a Foreign Company

The key Nvidia HBM supplier's blockbuster listing is a direct bet by public markets on the durability of AI infrastructure demand.

SK Hynix made a historic Nasdaq debut, rising 13% on its first day after raising $26.5 billion — the largest-ever U.S. IPO by a foreign company, as flagged by @AiToolsRecap. The listing is less a corporate finance story than a market referendum on AI's staying power.

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