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SK Hynix Seeks to Raise $29 Billion in US Listing to Meet AI Chip Demand
SK Hynix Inc. is planning to raise $29.4 billion (45.45 trillion won) in a landmark US listing and expects trading to start on July 10, according to a regulatory filing on Wednesday. The deal, depending on the exchange rate, could be among the top five share sales of all time. Peter Elstrom reports
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