US investors will soon get access to SK Hynix, another memory maker riding the AI boom

SK Hynix announced plans for a US initial public offering expected to occur on Friday. The South Korean memory chip manufacturer is listed on the Korea Exchange and manufactures DRAM and NAND flash memory. The IPO will allow US investors to purchase shares in the company for the first time. SK Hynix reported revenue of 14.2 trillion Korean won in 2023.

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