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South Korean company SK Hynix plans to list its shares on the U.S. market starting August 2026, amid a boom in AI-related stocks, aiming to expand its investor base and capitalize on the strong demand for AI technologies. The Securities and Exchange Commission (SEC) is expected to approve the company's depositary receipts issuance during the week beginning June 22, paving the way for the listing process. The company, which is the second-largest manufacturer of memory chips globally, has seen its market value increase by over 240% this year, surpassing one trillion dollars since May, as it continues to expand production of high-performance chips used in AI technology.
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