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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It’s expected that the company will raise $14 billion through the offering. With SK Hynix having a dominant position in the high-bandwidth memory chips market, the listing is likely to create value in the medium to long term.
About SK Hynix
Headquartered in Icheon-si, South Korea, SK Hynix is among the global leaders in the memory semiconductor industry. In the current AI era, the company is evolving from a memory supplier into a “Full Stack AI Memory Creator.” The company’s products and services include DRAM, NAND Flash, and MCP (Multi-Chip Package).
With AI-driven structural tailwinds, SK Hynix has been on a high-growth trajectory. For FY25, the company reported revenue of KRW (South Korean Won) 97.1 trillion, which was higher by 47% on a year-on-year (YoY) basis. For the same comparable period, the company’s operating profit increased by 101% to KRW 47.2 trillion. The boost in profitability was driven by improved tech competitiveness coupled with an expanding high value-added product mix.
One factor that provides SK Hynix with an edge is innovation. In March 2025, the company shipped the world’s first HBM4 sample, and mass production readiness was achieved by September 2025. Similarly, the company has developed the industry’s highest density 256GB DDR5 RDIMM, based on 1bnm 32Gb.
With industry tailwinds, robust growth, margin…
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