SK Hynix Prices US Share Offering at $149 Apiece Amid Global Market Volatility SK Hynix, South Korea's largest memory chip maker, has set a price for its US share offering that could fetch around $3.
5 billion, making it the largest tech initial public offering (IPO) in years. The company will sell about 4. 2 million American depositary shares (ADSs) at $149 each on the New York Stock Exchange (NYSE).
This move is seen as a significant step for SK Hynix to raise funds and expand its global presence, but it also comes at a time when global markets are experiencing high volatility.