000660.KS is trading 3.2% up at $2,713,000 after extending gains linked to SK hynix’s planned U.S. ADR listing and capacity expansion.
- Reuters reported the company aims to raise up to $29.4 billion through a U.S. stock market listing as AI memory demand surges.
- The move aligns with a broader positive tone for technology shares, with chipmakers benefiting from continued AI infrastructure spending.
- Traders are also reacting to recent volatility and a repricing of the stock following the announcement of this major capital-raising plan.