Record-Breaking Demand for SK Hynix Surpasses Supply by Seven Times

The demand for the offering of South Korean SK Hynix’s shares, amounting to around $28 billion, exceeded the available shares by seven times, reflecting strong investor interest in artificial intelligence companies. The offering is expected to be the second-largest global equity issuance this year, following SpaceX’s IPO. The proceeds aim to finance the construction of new factories and the purchase of equipment to meet the rising demand for memory chips used in artificial intelligence applications.

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