LIVE: SK Hynix Nasdaq debut
SK Hynix is set to make its U.S. trading debut on Nasdaq, following a $26.5 billion share sale. It will be a key test of investor belief in the durability of the AI boom, coming after a recent pullback in semiconductor stocks. The South Korean chipmaker is the latest to ride a frenzy of investor interest in firms perceived as reaping big gains from the AI revolution that has spawned hundreds of billions of dollars in capital spending.
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