South Korean media reported on July 16 that SK Hynix raised as much as 40 trillion won, or about $30.76 billion, through a listing on the Nasdaq market in the United States. The report said the move was aimed at reinforcing the company’s leadership in the artificial intelligence semiconductor market. Jensen Huang, chief executive of Nvidia, was said to have welcomed the listing.
According to the report, Huang commented after wrapping up an event held in Tokyo the previous day. Industry sources cited by the Korean media said he was highly pleased with the listing of SK Hynix’s American depositary receipts, or ADRs, in the U.S. market. Huang described the listing as “extremely successful,” according to the report. The account was carried by BlockBeats, which cited the Korean media report and attributed the item to Jin10.
BlockBeats reported on July 16, citing South Korean media, that SK Hynix raised as much as 40 trillion won, or about $30.76 billion, through a listing on the Nasdaq market in the United States. The reported goal was to strengthen its leadership in the artificial intelligence semiconductor market.
The report added that Jensen Huang, chief executive of Nvidia (NVDA.O), congratulated the company on the listing. According to industry sources cited in the report, Huang spoke on July 16 after finishing an event that had been held in Tokyo, Japan, the previous day. He was said to be highly pleased with the listing of SK Hynix American depositary receipts, or ADRs, and described the debut as “extremely successful.”
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
