WS #11796
SK Hynix ADRs opened at $170 vs $149 IPO price (+14%), raising $26.5B in the largest foreign share sale in US history, signaling strong AI demand. Meta shares up 15% for the week on AI model releases and custom chip progress; EU preliminarily finds Meta's addictive design violated rules, posing regulatory risk.
SK Hynix Nasdaq Debut
SK Hynix ADRs opened at $170 vs $149 IPO price (+14%), raising $26.5B in the largest foreign share sale in US history, signaling strong AI demand.
Meta shares up 15% for the week on AI model releases and custom chip progress; EU preliminarily finds Meta's addictive design violated rules, posing regulatory risk.