WS #11768

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SK Hynix raised $26.5B in largest foreign IPO in US history, priced at $149/share with 7x oversubscription, bullish for memory chip and AI demand. Fed Chair Warsh names Marc Andreessen and Microsoft exec Asha Sharma to lead AI economic impact task force, signaling regulatory focus on AI. Micron announced plans to invest >$250B in US through 2035, sending MU up 4.5%, bullish for semiconductor supply chain.

SK Hynix US IPO

SK Hynix raised $26.5B in largest foreign IPO in US history, priced at $149/share with 7x oversubscription, bullish for memory chip and AI demand.

Fed Chair Warsh names Marc Andreessen and Microsoft exec Asha Sharma to lead AI economic impact task force, signaling regulatory focus on AI.

Micron announced plans to invest >$250B in US through 2035, sending MU up 4.5%, bullish for semiconductor supply chain.

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