SK Hynix, the world's second-largest memory chipmaker, announced plans to list its shares on the US Nasdaq stock exchange as early as August 2026 through American Depositary Receipts (ADRs) [1, 2, 3, 4, 5, 6, 7]. The company aims to raise up to $14 billion from the offering to attract investors focused on artificial intelligence and expand its investor base [1, 3, 6, 7].
The US Securities and Exchange Commission (SEC) is expected to approve SK Hynix's ADR listing application during the week of June 22, 2026 [1, 2, 3, 6, 7]. The South Korean chipmaker had confidentially filed for the US listing in March 2026 [1, 3, 6, 7]. SK Hynix chose Nasdaq over the New York Stock Exchange to better align with tech stocks and its position in AI semiconductors [4, 5, 6]. The company confirmed it plans to issue ADRs within 2026, though details on the size and timing are still being finalized [1].
SK Hynix holds a dominant role in the high-bandwidth memory (HBM) segment, a key component in AI servers, and supplies major customers like Nvidia [1, 3, 6, 7]. Its share price surged about 230-240% in 2026, pushing its market value above $1 trillion since May [1, 3, 4, 5, 6, 7].
SK Group Chairman Choi Tae-won said on June 10 that the company plans to triple its chip wafer production capacity by around 2034 to meet rising AI memory chip demand. He described plans to expand both domestically and overseas, including possible new fabs in Japan due to favorable infrastructure [8, 9]. He noted the market remains volatile, saying, "股市总是会过度反应，跌起来也跌得很急。坦白说，市场现在并不稳定，处于非常不稳定的状态，而且很可能会继续这样震荡下去" (The stock market always overreacts and can fall sharply. Frankly, the market is currently unstable and likely to continue this volatility) [9].
Meanwhile, Samsung Electronics is considering building a new advanced semiconductor packaging factory in Gwangju, South Korea, with an announcement expected after a meeting with the South Korean president on June 29, 2026 [10, 11, 12]. Samsung and SK Hynix are also finalizing plans to expand domestic facilities in south and central regions, including packaging and possibly wafer fabs [10, 12].
The SEC approval expected later this month will clear the way for SK Hynix's US Nasdaq debut and ADR issuance by August 2026 [1, 2, 3, 4, 5, 6, 7].
