SK Hynix shares extended gains after Hyperinsight said the company formally announced plans for a U.S. listing on July 10, building on its previously disclosed fundraising plan of more than $29 billion through a Nasdaq ADR sale. Earlier company disclosures said the deal could raise 45.453 trillion won, or about $29.65 billion, through 17.79 million new shares in the form of American depositary receipts. The listing is aimed at broadening SK Hynix’s investor base and strengthening its U.S. presence as it invests for AI-driven chip demand, including the Yongin semiconductor cluster in South Korea and a $4 billion advanced chip-packaging plant in Indiana. In crypto-linked synthetic trading, Hyperinsight said SKHX rose 14% to $1,930 with $407 million in daily turnover, and 9 of 10 Hyperliquid whales opened long positions totaling about $21.27 million at an average entry of $1,797.8.