{"id":576760,"date":"2026-07-09T11:22:14","date_gmt":"2026-07-09T11:22:14","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/576760\/"},"modified":"2026-07-09T11:22:14","modified_gmt":"2026-07-09T11:22:14","slug":"sk-hynix-and-cxmt-ipo-boom-could-pull-capital-away-from-crypto","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/576760\/","title":{"rendered":"SK Hynix and CXMT IPO boom could pull capital away from crypto"},"content":{"rendered":"

The U.S.-blocked company plans to use the proceeds to upgrade production lines and technology after posting explosive growth, including first-quarter revenue of 50.8 billion yuan, up 700% year-on-year. Reuters estimates CXMT held around 7.7% of the global DRAM market last year.<\/p>\n

These deals follow SpaceX<\/a> (SPCX) and Cerebras<\/a> (CBRS), two AI-related listings that have fueled enthusiasm across semiconductor<\/a> and memory stocks. Together they reinforce a broader theme: investors are allocating fresh capital to companies building the infrastructure behind artificial intelligence rather than to crypto assets.<\/p>\n

Bitcoin BTC$62,643.34<\/a> has fallen roughly 50% from its October all-time high to around $63,000, as investors have increasingly favored AI infrastructure plays over digital assets.<\/p>\n

The pipeline is far from empty. <\/p>\n

OpenAI<\/a> and Anthropic have both been discussed as companies that could eventually command valuations approaching $1 trillion. <\/p>\n

While market expectations had pointed to IPOs as early as this year, however, growing investor unease over AI valuations and a cooling in semiconductor shares could delay those listings until 2027. <\/p>\n

Even so, another wave of AI mega offerings would likely continue drawing liquidity away from crypto.<\/p>\n","protected":false},"excerpt":{"rendered":"The U.S.-blocked company plans to use the proceeds to upgrade production lines and technology after posting explosive growth,…\n","protected":false},"author":2,"featured_media":576761,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[261],"tags":[291,289,290,214,18,19,17,82],"class_list":["post-576760","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-bitcoin","tag-eire","tag-ie","tag-ireland","tag-technology"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116889763648675145","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/576760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=576760"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/576760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/576761"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=576760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=576760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=576760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}