SK Hynix jumps 14% in Nasdaq debut as AI memory giant wins over Wall Street
South Korea’s SK Hynix made a strong Nasdaq debut on Friday, with its American depositary receipts (ADRs) opening 14% above the $149 offer price, signalling continued investor appetite for companies benefiting from the artificial intelligence (AI) boom. The listing gives US investors direct exposure to one of the biggest beneficiaries of the AI-driven memory boom….
