SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs

· TechCrunch AI ·

SK Hynix’s $26.5B US IPO underscores investor demand for AI memory suppliers and pressure to localize chip manufacturing.

Categories: Money & Moves

Excerpt

The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are being asked to build US factories.