🟢 SK Hynix is trading 11.4% up today as US Nasdaq offering is oversubscribed 7x

SK Hynix is trading 11.4% up at €1,415.00 driven by reports that its upcoming US Nasdaq offering is more than seven times oversubscribed.

• The company’s projected $26–28 billion ADR listing has seen intense investor interest, highlighting the massive demand for exposure to the AI memory chip boom.
• The significant oversubscription of the offering is boosting broader market sentiment for the stock as it prepares for its US debut.