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SK Hynix Jumps 12% as US Listing Plan Boosts Valuation Hopes

SK Hynix Jumps 12% as US Listing Plan Boosts Valuation Hopes
Bloomberg Markets Thursday 25 June 2026, 00:23 UTC By Charlotte Yang 1 min read
Key Points

SK Hynix Jumps 12% as US Listing Plan Boosts Valuation Hopes SK Hynix Inc. shares surged after the memory chipmaker unveiled its plan for a $29 billion US listing, a move that analysts viewed as boosting valuations through capacity expansion and greater foreign investor access. The stock jumped as much as 12% in early Thursday trading, helping drive the benchmark Kospi index up more than 5%. Samsung Electronics Co. also gained nearly 6% after memory chip rival Micron Technology Inc posted...

SK Hynix Jumps 12% as US Listing Plan Boosts Valuation Hopes SK Hynix Inc. shares surged after the memory chipmaker unveiled its plan for a $29 billion US listing, a move that analysts viewed as boosting valuations through capacity expansion and greater foreign investor access. The stock jumped as much as 12% in early Thursday trading, helping drive the benchmark Kospi index up more than 5%. Samsung Electronics Co. also gained nearly 6% after memory chip rival Micron Technology Inc posted quarterly sales forecast that crushed Wall Street estimates.
Hynix Jumps (PERSON) US (LOCATION) SK Hynix Inc. (ORG) Kospi (PERSON) Samsung Electronics Co. (ORG) Micron Technology Inc (ORG)
Originally published by Bloomberg Markets Read original →

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