As the AI boom boosts demand for RAM, SK Hynix – one of the world’s biggest suppliers of memory chips – launched on Wall Street Friday. The South Korean chipmaker opened at $170 per share and raised $26.5 billion, surpassing Alibaba’s record as the largest debut of a foreign company, according to reports from Associated Press and CNN.
After reaching a $1 trillion valuation in May, SK Hynix briefly overtook Samsung as South Korea’s most valuable company. SK Hynix is one of three…
