Broadcom(US:AVGO) Benzinga·2025-12-10 12:27Group 1 - SK Hynix is considering listing American depositary receipts (ADRs) backed by its treasury shares in New York, but no final decision has been made yet [1] - The company is contemplating listing approximately 2.4% of its outstanding shares, which is around 17.4 million shares, as ADRs [2] - SK Hynix's shares closed 3.71% higher at KRW 5,87,000 ($399.43) on the Kospi, influenced by recent developments allowing Nvidia to sell its H200 chips to approved customers in China and other nations [3] Group 2 - The potential New York listing follows a record-breaking chip supply sell-out for 2026, driven by the global AI boom, with Q3 profit reaching an all-time high of $8.02 billion, a 62% increase from the previous year [4] - The company secured custom high-bandwidth memory (HBM) orders from major tech firms like Nvidia, Microsoft, and Broadcom, indicating a shift in demand towards optimizing AI services [5] - SK Hynix's stock has surged 242.87% this year, driven by strong demand for high-bandwidth memory chips in the AI sector and South Korea's initiatives to enhance corporate value and governance [6]