US investors will soon get access to SK Hynix, another memory maker riding the AI boom

SK Hynix plans a U.S. IPO offering nearly 17.8 million American depositary receipts, potentially raising $28 billion. The South Korean memory chipmaker benefits from soaring AI-driven demand, with revenues up 200% year-over-year and stock up 260% in 2026. This move allows U.S. investors to access a key player in the AI memory chip market amid a global shortage and massive industry expansion.