AI News Intelligence
AI News Intelligence
SK Hynix raises US$26.5 billion in historic US stock offering to expand AI chip production
SK Hynix
USA / South Korea
July 10, 2026
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Read our editorial policySK Hynix raised US$26.5 billion in a historic US stock offering. The funds will be used to expand memory chip manufacturing capacity. The company sees a shift from cyclical demand to long-term growth driven by AI.