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SK Hynix to launch USD 28 billion Nasdaq listing in U.S.

On July 6, South Korean chipmaker SK Hynix announced in an SEC filing it will launch a U.S. listing on the Nasdaq exchange to raise about USD 28 billion as it seeks to capitalize on the current global AI boom.
The company will sell 17.79 million new shares in the depository receipt listing on the Nasdaq. Ten American....

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