AI-related stocks have been on a roll not just in the United States, but globally. With the shortfall of memory chips globally, the South Korean markets surged to record highs. This rally was driven by technology giants like Samsung Electronics (SMSN.L.EB) and SK Hynix. The ferocity of the rally can be judged by the fact that SK Hynix stock has returned 775% in the last 52 weeks.
As SK Hynix looks to capitalize on strong investor demand, a U.S. listing is on the cards. The company is reportedly targeting ADR listing as early as August 2026. It's likely that the Securities and Exchange Commission (SEC) will approve the ADR listing application on June 22.
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As SK Hynix looks to capitalize on strong investor demand, a U.S. listing is on the cards. The company is reportedly targeting ADR listing as early as August 2026. It's likely that the Securities and Exchange Commission (SEC) will approve the ADR listing application on June 22.
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2 months ago
