capital
SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs
July 11, 2026
SK Hynix raised $26.5 billion in the biggest foreign IPO in U.S. history amid the AI chip boom, while Samsung was also mentioned in the push for more U.S. manufacturing. The IPO underscores how demand for AI hardware is reshaping capital markets and increasing pressure on major memory-chip suppliers to build new U.S. fabs.
The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are being asked to build US factories.
Source: techcrunch.com