- SK Group Chairman Chey Tae-won rang the Nasdaq Opening Bell, joined by SK Hynix President and CEO Kwak Noh-Jung, marking the company’s Wall Street debut and its push to strengthen its global presence through a US ADR listing.
- The US listing is expected to broaden SK Hynix’s access to global capital, with Seoul National University finance professor Jaewon Choi calling it a “yardstick to test the water” for investor appetite toward AI memory-chip makers.
- Chairman Chey Tae-won described the Nasdaq listing as “a kind of dream, and now it’s a dream come true”
- Chey said AI memory demand continues to outstrip supply, revealing that customers have told SK Hynix that even its plan to double production capacity within five years “is not enough,” explaining the industry’s strong long-term demand outlook.
- SK Hynix begins trading on the Nasdaq today, July 10, 2026, under the ticker SKHY
- SK Hynix’s listing on Nasdaq marks a significant achievement for a non-US company, and its upcoming inclusion in the Nasdaq-100 index during the December reconstitution may further enhance the chip maker’s position.
- According to IDC data cited in the filing, SK Hynix is the world’s largest producer of High-Bandwidth Memory (HBM), commanding a 56.4% market share
- The company also ranks second globally in DRAM with a 29.1% market share and second in NAND flash with an 18.5% share
- A significant portion of SK Hynix’s revenue comes from customers in the US and China, exposing the company to export controls and tariff-related risks.
SK Hynix Nasdaq Listing LIVE: SK Hynix stock surges despite memory-chip pullback
SK Hynix's South Korea-listed shares have gained 174% over the past six months and 634% over the past year, despite memory stocks slipping into bear market territory earlier this week. The company has benefited from soaring demand for memory chips used in AI data centres, where they store and quickly access the data needed to run AI models alongside processors such as Nvidia's GPUs.
SK Hynix Nasdaq Listing LIVE: Nasdaq cheers record listing
Investor enthusiasm powered SK Hynix's US market debut, with its ADRs climbing from an offer price of $149 to a $170 opening on Nasdaq. The company raised $26.5 billion through the sale of 177.9 million ADRs, the biggest US IPO ever by a foreign firm.
SK Hynix Nasdaq Listing LIVE: SK Hynix eyes bigger US investment
SK Hynix plans to invest at least $35 billion in the US, including a new semiconductor facility in Indiana. Ahead of the company's Wall Street debut, Chairman Chey Tae-won told Bloomberg that the investment plan is "at a much bigger number … than $35 billion."
SK Hynix Nasdaq Listing LIVE: SK Hynix opens 14% higher in Nasdaq debut
SK Hynix opened at $170, about 14% above its offering price, as US investors rushed to buy shares in South Korea's second-most valuable company. The stock is trading under the temporary ticker SKHYV and will switch to SKHY from Tuesday.
SK Hynix Nasdaq Listing LIVE: Jensen Huang praises SK Hynix partnership
Nvidia CEO Jensen Huang praised SK Hynix's role in advancing the AI industry during a visit to Seoul in June, with SK Group Chairman Chey Tae-won by his side. "SK is our largest memory partner. Without SK's partnership, today's AI industry would not have developed as wonderfully as it has," Huang told reporters.
SK Hynix Nasdaq Listing LIVE: SK Hynix ranks second to Samsung in market value
SK Hynix is South Korea's second-most valuable listed company after Samsung. The company produces memory chips used in smartphones and PCs to store short-term data, and counts major technology firms, including Nvidia and Apple, among its customers.
SK Hynix Nasdaq Listing LIVE: SK Hynix ramps up manufacturing expansion
SK Hynix will package some of its high-bandwidth memory (HBM) chips at its planned $4 billion advanced packaging facility in Indiana, but most of its expansion will remain in South Korea. The company is investing $390 billion to build a massive semiconductor manufacturing cluster in Yongin, reinforcing its long-term production capacity.
SK Hynix Nasdaq Listing LIVE: SK Hynix chairman says AI chip demand keeps rising
SK Hynix Chairman Chey Tae-won said demand for AI memory chips continues to outpace the company's expansion plans. Speaking to CNBC, he said customers and partners consistently ask for more capacity, even after SK Hynix announced plans to double production within five years.
“All my customers said that, ‘Well, that’s not enough, man, and, well, we need more,’” Tae-won said Friday.SK Hynix Nasdaq Listing LIVE: SK Hynix chairman calls Nasdaq debut a 'dream come true'
SK Hynix priced its American depositary receipts (ADRs) at $149 each, raising $26.5 billion to fund its expansion plans, including investments in new factories and equipment. Speaking after the Nasdaq debut, Chairman Chey Tae-won told CNBC: “It’s a kind of dream, and now it’s a dream come true.”
SK Hynix Nasdaq Listing LIVE: SK Hynix set for 20% jump in Nasdaq debut, reports Reuters
According to Reuters, SK Hynix's US-listed shares were indicated to jump 20% in their Nasdaq debut after the company raised $26.5 billion in its share sale, indicating strong investor appetite for AI-linked semiconductor stocks. The South Korean memory-chip maker has emerged as a major beneficiary of the AI boom, despite a recent pullback in chip stocks amid concerns over slowing AI spending.
SK Hynix Nasdaq Listing LIVE: Nasdaq debut seen as key test for investor demand
SK Hynix's Nasdaq listing is expected to give the company easier access to the world's largest pool of investors, thanks to the US market's lower investment barriers compared with South Korea, according to Seoul National University finance professor Jaewon Choi who spoke to BBC. Choi also said traders are treating the listing as a "yardstick to test the water" on whether investor enthusiasm for memory-chip makers will continue.
SK Group Chairman Chey Tae-won rings the Nasdaq Opening Bell to mark SK Hynix's Wall Street debut. He will be joined by SK Hynix President and CEO Kwak Noh-Jung at the Nasdaq MarketSite in Times Square. The company said its Nasdaq ADR listing will strengthen its global presence and reinforce its leadership in high-bandwidth memory (HBM) as well as the broader DRAM and NAND flash memory markets.
SK Hynix rang the opening bell for the 🇺🇸 stock market today at the Nasdaq exchange pic.twitter.com/42i9aUUXji
— Evan (@StockMKTNewz) July 10, 2026
SK Hynix Nasdaq Listing LIVE: Wall Street opens higher
SK Hynix is set to begin trading on the Nasdaq on Friday after raising $26.5 billion in its US offering. Nasdaq rose 12.09 points (0.05%) to 26,218.98, while the S&P 500 gained 11.89 points (0.16%) to 7,555.53 and the Dow Jones Industrial Average climbed 81.12 points (0.15%) to 52,568.53. The chipmaker's Wall Street debut comes as investors closely watch demand for AI-linked semiconductor stocks.
SK Hynix Nasdaq Listing LIVE: SK Hynix debut leads to wave of ETF filings
As reported by Reuters, SK Hynix's Nasdaq debut has sparked a rush of filings for single-stock exchange-traded funds (ETFs), with at least 10 fund managers, including Direxion and ProShares, seeking to launch products tied to the chipmaker. Most of the filings are for leveraged and inverse ETFs tracking SK Hynix's Nasdaq-listed American Depositary Receipts (ADRs). The move comes after the company raised $26.5 billion through its US offering and began trading on the Nasdaq on Friday, July 10.
SK Hynix Nasdaq Listing LIVE: Jefferies stays bullish on memory stocks
Jefferies says the recent pullback in memory stocks is a normal pause after a strong rally and does not signal a lasting downturn. Analyst Christopher Wood said that despite some AI-related fatigue in the market, demand for computing power is expected to keep growing, supporting memory-chip makers.
“So long as the AI capex arms race continues the beneficiaries will remain the picks and shovels trade (i.e. the people being paid for the capex not the companies spending the money),” Wood wrote. “The four hyperscalers have risen by 180% since the start of 2023, compared with a 760% gain for the three dominant memory makers, namely Micron, Hynix and Samsung Electronics… long-term GREED & fear would still rather own the DRAM makers. This is because the demand for compute can keep growing even as the cost of tokens collapse.”SK Hynix Nasdaq Listing LIVE: SK Hynix in AI memory market
SK Hynix is a key player in the global AI infrastructure market, holding a 56.4% share of the high-bandwidth memory (HBM) market, a 29.1% share of DRAM, and an 18.5% share of NAND flash. Its HBM chips power AI accelerators, including those used by Nvidia, making SK Hynix a critical supplier to the AI industry.
Despite its strong growth, SK Hynix faces several risks. The memory-chip business is highly cyclical, and the company was reporting losses as recently as 2023 before returning to record profits. It also relies heavily on customers in the US and China, exposing it to export controls, tariffs, and geopolitical tensions. Customer concentration is another concern, with two customers contributing about 27% of Q1 2026 revenue. In addition, SK Hynix's performance is closely tied to AI infrastructure spending, meaning any slowdown in data centre or GPU demand could hurt earnings. Currency fluctuations between the South Korean won and the US dollar could also affect margins.
Read more: 5 things about SK Hynix Nasdaq debut that go beyond the $29 billion headline
SK Hynix Nasdaq Listing LIVE: SK Hynix reports blockbuster profit growth
SK Hynix has staged a sharp financial turnaround, with Q1 2026 revenue climbing to ₩52.6 trillion ($34.5 billion) from ₩17.6 trillion a year earlier. Q1 profit also jumped to ₩40.3 trillion ($26.5 billion), compared with ₩8.1 trillion in the same period last year. The company swung from an annual loss of ₩9.1 trillion in 2023 to profits of ₩19.8 trillion in 2024 and ₩42.9 trillion ($28.2 billion) in 2025.
SK Hynix Nasdaq Listing LIVE: Micron slips ahead of SK Hynix's Nasdaq debut
Several chip stocks traded lower in premarket trading, with Micron Technology, Marvell Technology, and Lam Research each falling about 1%, while Intel slipped 2%. Nvidia, Broadcom, and AMD also traded in negative territory. Meanwhile, the iShares Semiconductor ETF and the VanEck Semiconductor ETF fell 1.1% and 0.7%, respectively.
SK Hynix Nasdaq Listing LIVE: Chip stocks slip ahead of SK Hynix's Nasdaq debut
Chip stocks traded lower ahead of SK Hynix's Nasdaq debut on Friday, as the South Korean memory chipmaker priced its American Depositary Shares (ADSs) at $149 each. Some investors fear the blockbuster offering could divert funds from US memory-chip companies such as Micron Technology.
SK Hynix Nasdaq Listing LIVE: SK Hynix leads HBM market, ranks second in DRAM and NAND
SK Hynix is a key player in the global AI infrastructure boom, leading the high-bandwidth memory (HBM) market with a 56.4% share. The company also ranks second in the DRAM market with a 29.1% share and second in NAND flash with an 18.5% share, according to IDC data cited in its filing.
SK Hynix has raised $26.5 billion through its US initial public offering (IPO), making it the largest first-time listing by a foreign company on Wall Street. The offering includes 177.9 million American Depositary Shares (ADSs), equivalent to 17.79 million common shares, with demand reportedly reaching seven times the shares on offer, according to Reuters.
Read more: 5 things about SK Hynix Nasdaq debut that go beyond the $29 billion headline
SK Hynix Nasdaq Listing LIVE: SK Hynix stock to start trading on Nasdaq
On Thursday, the company raised about $26.5 billion by pricing its American Depositary Receipts (ADRs) at $149 each. Attention now turns to the debut of SK Hynix's stock on the Nasdaq under the ticker SKHY on Friday, July 10.
SK Hynix will offer 17.79 million American Depositary Shares (ADSs) on the Nasdaq under the ticker SKHY, representing about 2.5% of its 712.7 million outstanding common shares. The company and its affiliates will also be subject to a 90-day lock-up period following the listing.