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South Korea’s SK Hynix said on Wednesday it has submitted a confidential filing to the US Securities and Exchange Commission for a possible listing of American depository receipts in 2026.
“While we aim to complete the listing within 2026, specific details - such as the size, structure, and timeline of the offering - have not yet been finalized,” the chipmaker said in a domestic regulatory filing.
SK Hynix is considering raising 10 trillion to 15 trillion won (HK$78.5 billion) through a US listing and aims to expand production capacity for advanced memory chips, the Korea Economic Daily has previously reported.
A US listing would give the Nvidia supplier access to a wider pool of capital and could help narrow a gap in its valuation compared with global peers such as Micron.
Reuters
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