SK Hynix’s $26.5 B US IPO shatters record, fuels push for domestic fabs
SK Hynix raised $26.5 billion in its US debut, the largest foreign IPO ever, pricing ADRs at $149 and trading above the offer. The proceeds will fund a new Korean fab, packaging line and EUV tools, while US officials urge the company—and Samsung—to build factories on American soil, reshaping the AI‑chip supply chain.