Hardware2h ago
SK Hynix Targets $28B U.S. IPO
SK Hynix plans to sell 17.8 million shares in a U.S. initial public offering to raise $28 billion. The South Korean memory giant competes directly with Micron and Samsung for the HBM market. This capital injection accelerates production of high-bandwidth memory. Hardware developers should expect shifted supply dynamics as capacity scales to meet GPU demand.