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SK Hynix Plans to Issue New Shares for US Listing of ADRs, Expected to Raise 10 Trillion to 15 Trillion Won
Deep Tide TechFlow News, March 23 — According to Korea Economic Daily, SK Hynix plans to issue new shares and list ADRs (American Depositary Receipts) in the United States, with an issuance scale of approximately 2.4% of the total share capital. The funds raised will mainly be used to expand high-bandwidth memory (HBM) production capacity and promote the construction of a semiconductor cluster to strengthen its leading position in the global AI semiconductor market. SK Group Chairman Chey Tae-won previously publicly announced at NVIDIA GTC 2026 Developer Conference that the company is advancing its ADR listing plans.