Demand for SK Hynix sale in America exceeds supply by more than seven times

The article focuses on the high demand for the initial public offering (IPO) of SK Hynix in the United States, where the demand exceeded seven times the announced offering value of $28 billion. This reflects investors' strong interest in one of the largest suppliers of memory chips used in artificial intelligence. The company's stock rose by 6% in South Korea despite a 25% decline over the past two weeks, and it remains up by 680% over the past year. This offering is expected to be the second-largest share sale in the world. The company plans to use the proceeds to finance expansion in production to meet the growing demand for AI chips.

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