South Korea’s SK Hynix eyes US listing as soon as August: sources

Published Wed, Jun 10, 2026 · 05:36 PM

[SEOUL/SINGAPORE] SK Hynix plans to list its shares in the US as soon as August, said two sources familiar with the matter.

This comes as the South Korean memory chipmaker seeks to capitalise on strong appetite for artificial intelligence-linked stocks, and broaden its investor base.

The US Securities and Exchange Commission (SEC) is likely to approve SK Hynix’s American depositary receipt (ADR) listing application during the week of Jun 22, one of the sources said.

Both sources declined to be identified as the information was not public.

“SK Hynix plans to issue ADRs within 2026, but the details, including the size and timing, have not yet been decided,” the company said in a statement. The SEC was not immediately available ​for comment outside business hours.

SK Hynix said in March that it had confidentially filed for a US listing. A source said at the time that the offering could raise as much as US$14 billion.

The company, the world’s second-largest memory chipmaker and a key supplier to Nvidia, has been one of the biggest beneficiaries of the AI boom due to its dominant position in high-bandwidth memory chips used in AI servers.

Its share price has jumped 240 per cent in 2026 and its market value has topped US$1 trillion since May, making it only the third Asian company, after Taiwan Semiconductor Manufacturing Company and Samsung Electronics, to hit the milestone.

Reuters reported last week that SK Hynix had received “tremendously positive” feedback on the plan, citing strong AI demand and its competitive position in the memory-chip market.

An August debut would also add another marquee name to what is shaping up to be a busy second half for US equity markets, as investors closely watch a pipeline of AI-related listings including OpenAI and Anthropic, as well as SpaceX’s blockbuster initial public offering. REUTERS