SK hynix ADR Aktie News

Samsung Electronics and SK ​Hynix plan to ‌each build two new massive chip ​fabrication sites ​in South Korea's southwest ⁠region as ​part of a national project ​to build chip production "ecosystem" valued at 800 ​trillion won ($517.87 ​billion), the government said on ‌Monday.

South Korea's Kospi Composite Index slipped by nearly 2% on Monday morning, driven by the sell-off in SK Hynix and Samsung, rising crude oil prices amid the ongoing US-Iran crisis, and fears of single-stock ETFs. It retreated to 8,255 points, a few points below the year-to-date high of 9,387.

Shares of Samsung Electronics and SK Hynix plunged after reports surfaced that the pair are expected to unveil investment plans worth more than a trillion dollars. Samsung Electronics and SK Hynix will unveil major investment plans of up to 2,000 trillion won ($1.3 trillion) over the next 10 years, the Korea Economic Daily reported.

The memory-chip maker's shares jumped 13% in South Korean trading after Micron earnings.

SK Hynix will be easier for investors to buy. Will that hurt demand for South Korean funds and the DRAM ETF?

South Korean memory chip giant SK Hynix said on Wednesday that it plans to raise up to $29.4 billion through a US stock market listing, potentially marking the largest American Depositary Receipt offering ever and underscoring investor appetite for artificial intelligence-linked stocks. If completed at the upper end of the proposed range, the offering would surpass Alibaba's $25 billion US debu...

The chip maker is seeking to tap foreign investors to fund its expansion plans as the AI boom fuels a rush for advanced chips.

South Korea's ‌SK Hynix said on Wednesday it plans to raise 45.45 trillion ​won ($29.43 billion) via the listing ​of American Depositary receipts (ADRs), as it seeks ⁠to expand its investor base ​and production capacity for chips ​used in artificial intelligence.