SK hynix: From near collapse to AI chip powerhouse behind record US listing

AI Summary

South Korean semiconductor firm SK hynix has made a remarkable recovery from near financial collapse to become a leading AI chip manufacturer. The company recently executed the largest US listing by a foreign company on Wall Street, marking a significant milestone in its turnaround.

Once on the edge of financial ruin, the South Korean chip giant has rebounded to debut on Wall Street in what is the largest US listing by a foreign company.