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SK Hynix's U.S. Plant Plan Attracts Exceptional Demand
SK Hynix announced its launch into the American market with a valuation of $28 billion. The company received investment requests that far exceeded the number of shares offered, reflecting strong investor demand for the memory chips used in artificial intelligence. The offering is expected to be priced next Thursday, and it is anticipated to be the largest listing ever for a foreign company in the United States, with stock trading on the Nasdaq beginning on Friday.
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