SK Hynix makes US debut with $29-billion listing

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South Korean chipmaker SK Hynix is making its US stock market debut with a $29 billion listing on Nasdaq, scheduled for July 10. The move aims to boost valuation and improve liquidity while tapping into the booming AI and memory chip market. Previously difficult for American investors to access, the listing promises a fairer valuation amid intensifying competition with rivals such as Micron.