SK Hynix Plans Confidential U.S. Listing in 2026 to Raise Up to $14B
SK Hynix (HXSCL) plans a confidential U.S. listing in the second half of 2026 that could raise up to $14B by selling roughly 2%-3% of its shares, Reuters' Hyunjoo Jin, Cynthia Kim and Heekyong Yang report. Proceeds would help fund new chipmaking facilities in Yongin, South Korea, and Indiana in the U.S., according to sources. Companies that compete with SK Hynix include Samsung (SSNLF) and Micron (MU), as well as Western Digital (WDC), Nvidia (NVDA), and Intel (INTC).