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SK Hynix Set to List in US Friday, Broadcom's Apple Chip Deal | What's Moving Markets
Bloomberg Television· 2026-07-06 16:59
All right. Let's start with SK Hynix. Uh, this morning, kicking off the formal marketing, uh, process for its, uh, U.S. listing, the South Korean chipmaker is trying to capitalize on investor demand for the, uh, memory chips.I'm going to say the high flying memory chip sector, uh, a company is seeking to sell American depositary receipts. This would represent just about 18 million common shares. It will be valued at about $28 billion.Uh, the offering of the ADR comes after the firm's Seoul traded stock. Tha ...