Strong demand for advanced memory chips used in AI data centers is supporting investor interest, while the confidential filing remains under SEC review and Reuters said the deal could raise up to $14 billion.
SK Hynix told investors this week that its proposed U.S. listing received "very positive" feedback, according to a person familiar with the matter. Investor interest was helped by strong demand for advanced memory chips used in AI data centers, a segment that has become a key focus for semiconductor markets as spending on artificial intelligence infrastructure rises. Reuters reported that the South Korean chipmaker confidentially filed this year and that the offering could raise up to $14 billion. The review process at the SEC (U.S. securities regulator) is still ongoing, and there was no update on the timetable.