SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs
AI Summary
SK Hynix conducted the largest foreign IPO on Wall Street, raising $26.5 billion. The company, alongside Samsung, faces increasing pressure to build new semiconductor fabrication plants in the US to support the AI chip boom.
The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are being asked to build US factories.
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