Chip giant SK Hynix raises $26.5bn as shares surge in bumper US listing

SK Hynix has raised $26.5 billion in a highly successful US listing, with shares set to start trading on the Nasdaq. The listing is expected to be the largest ever debut by a foreign firm on the exchange. The South Korean chip giant's shares are surging in anticipation of the listing, which is scheduled to begin on Friday. The massive fundraising effort marks a significant milestone for SK Hynix in the US market.

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