WS #11505
SK Hynix launches its ~$28 billion Nasdaq listing, with major investors including Baillie Gifford and Coatue expressing interest in buying up to $7 billion of ADRs, capitalizing on AI-driven HBM demand. SemiAnalysis reports NVIDIA's next-gen Kyber NVL144 rack is delayed to 2028 due to PCB manufacturing challenges, potentially opening opportunities for AMD and Google in the AI server market.
SK Hynix $28B US IPO and AI Memory Demand
SK Hynix launches its ~$28 billion Nasdaq listing, with major investors including Baillie Gifford and Coatue expressing interest in buying up to $7 billion of ADRs, capitalizing on AI-driven HBM demand.
SemiAnalysis reports NVIDIA's next-gen Kyber NVL144 rack is delayed to 2028 due to PCB manufacturing challenges, potentially opening opportunities for AMD and Google in the AI server market.