SK Hynix Debuts on Nasdaq, Surges 14% to Over $1 Trillion Valuation

Hyperdash News07/10/2026 15:58 UTCEquities

SK Hynix, South Korea's second most valuable company, began trading on the Nasdaq. The stock surged 14% at the open, pushing its valuation past $1 trillion. American Depositary Receipts (ADRs) for SK Hynix were priced at $149 per share, raising $26.5 billion in the offering.

The Nasdaq debut marks a significant expansion for SK Hynix into the US market. The substantial capital raised and the immediate valuation increase reflect strong investor demand for the company's shares. On Hyperdash,

SK Hynix (KR) is up +0.16% since the news.

Sources

Kobeissi Letter

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