{"id":50766,"date":"2026-06-12T12:11:10","date_gmt":"2026-06-12T12:11:10","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/50766\/"},"modified":"2026-06-12T12:11:10","modified_gmt":"2026-06-12T12:11:10","slug":"south-koreas-sk-hynix-to-opt-for-nasdaq-for-planned-us-listing-sources-say","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/50766\/","title":{"rendered":"South Korea&#8217;s SK Hynix to opt for Nasdaq for planned US listing, sources say"},"content":{"rendered":"<p>South Korean <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/memory-chipmaker\" target=\"_blank\" rel=\"nofollow noopener\">memory chipmaker<\/a> <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/sk-hynix\" target=\"_blank\" rel=\"nofollow noopener\">SK Hynix<\/a> is looking to choose the <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/nasdaq\" target=\"_blank\" rel=\"nofollow noopener\">Nasdaq<\/a> for its planned US listing, two sources familiar with the matter said, opting for the technology-heavy bourse to capitalise on <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/investor-appetite\" target=\"_blank\" rel=\"nofollow noopener\">investor appetite<\/a> for AI-linked stocks.<\/p>\n<p>The planned listing as early as August comes after a \u200c230% surge in SK \u2060Hynix&#8217;s share \u2060price this year, lifting its market value above $1 trillion in May. The U.S. listing is expected to broaden the company&#8217;s investor base \u200band raise its profile among global investors.<\/p>\n<p>The company selected Nasdaq over the <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/new-york-stock-exchange\" target=\"_blank\" rel=\"nofollow noopener\">New York Stock Exchange<\/a>, said the sources, who declined to be identified because the information was not public.<\/p>\n<p>SK Hynix declined to comment. Nasdaq was not immediately available for comment outside business hours.<\/p>\n<p>Nasdaq is home to many of the world&#8217;s largest technology firms and chipmakers, including \u200bNvidia, Microsoft , Amazon. com and Alphabet as well as SK Hynix&#8217;s smaller rival, \u2060Micron.<\/p>\n<p>Memory-chip stocks \u200chave sharply outperformed this year, with <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/micron\" target=\"_blank\" rel=\"nofollow noopener\">Micron<\/a> up about 248% and the Nasdaq Composite gaining around 11%.<\/p>\n<p>The exchange \u200bwas also the preferred listing venue for Elon Musk&#8217;s rocket and AI company \u2060SpaceX, which is set to begin trading later on Friday.<\/p>\n<p>BETTING ON AI-LED \u200bVALUATIONS<\/p>\n<p>As the world&#8217;s second-largest memory chipmaker and a key supplier to Nvidia, SK \u200bHynix has been a major beneficiary of the AI boom due to its dominant position in high-bandwidth memory chips used in AI servers.<\/p>\n<p>Reuters has reported that SK Hynix received &#8220;tremendously positive&#8221; feedback on the U.S. listing plan, citing strong AI demand and its competitive position in the <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/memory-chip-market\" target=\"_blank\" rel=\"nofollow noopener\">memory-chip market<\/a>.<\/p>\n<p>Analysts said Nasdaq has historically assigned higher valuations to technology and growth companies than the <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/nyse\" target=\"_blank\" rel=\"nofollow noopener\">NYSE<\/a>, and SK Hynix might have chosen Nasdaq in part \u200cby looking at peer Micron&#8217;s valuation.<\/p>\n<p>&#8220;Passive investment funds now account for a larger share of global investment flows than active funds, with a significant portion of those passive flows concentrated \u200bin Nasdaq-listed stocks, making \u200bthe exchange particularly attractive for technology \u2060companies seeking to broaden their investor base,&#8221; said Kim Sunwoo, a senior analyst at Meritz Securities.<\/p>\n<p>Passive funds track stock indexes rather than selecting individual stocks, and many technology-focused indexes and ETFs are heavily weighted toward Nasdaq-listed companies.<\/p>\n<p>SK \u200bHynix said in March it had confidentially filed for a U.S. listing. A source said at the time that the offering could raise as much as $14 billion.<\/p>\n<p>One source said the U.S. Securities and Exchange Commission is likely to approve SK Hynix&#8217;s American depositary receipt listing during the week of June 22.<\/p>\n<p>The company has not publicly disclosed the size of the planned listing or the number of shares to be offered.<\/p>\n","protected":false},"excerpt":{"rendered":"South Korean memory chipmaker SK Hynix is looking to choose the Nasdaq for its planned US listing, two&hellip;\n","protected":false},"author":2,"featured_media":50767,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[29177,10597,1666,1485,2068,29171,29176,12029,241,275,29175],"class_list":["post-50766","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sk-hynix","tag-investor-appetite","tag-memory-chip-market","tag-memory-chipmaker","tag-micron","tag-nasdaq","tag-new-york-stock-exchange","tag-nvidia-supplier","tag-nyse","tag-sk","tag-sk-hynix","tag-sk-hynix-us-listing"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/50766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=50766"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/50766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/50767"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=50766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=50766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=50766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}