SK Hynix Indicated to Climb 21% After $26.5 Billion ADR Offering
THE SO WHAT
Public markets are willing to underwrite $26.5 billion for a pure-play memory and AI-adjacent chip story—capital is still rotating hard into the picks-and-shovels of compute. If you’re building anything compute-intensive, assume your upstream silicon suppliers will be well-funded and focused on AI demand, not your legacy workloads.
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