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SEOUL: South Korea’s SK Hynix priced its American Depositary Receipts at US$149 on Thursday (Jul 9) raising about US$26.5 billion, a US regulatory filing showed, highlighting strong investor appetite for a pivotal chipmaker in the AI supply chain. The share sale comes as the company leverages its position as the leading supplier of high-bandwidth memory chips, a critical component for the advanced processors powering global artificial intelligence systems. SK Hynix priced the listing at a 2.7 per cent premium over its average share price in the last three trading days, the company said in a filing on Friday to the Korea stock…
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