SK Hynix Raises $26.5 Billion in Record Nasdaq Debut
SK Hynix, the top maker of AI memory chips, began trading on Nasdaq on July 10 in the largest-ever US listing by a foreign company, with shares jumping 13%.
Read more →AI in Businessand South Korea
Every AI News story tagged with both AI in Business and South Korea — the two topics side by side, updated as new articles publish.
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Samsung's Q2 Profit Surges 19-Fold to $58 Billion on AI Memory Boom
Samsung Electronics said preliminary operating profit for the second quarter jumped roughly 19-fold as AI-driven demand pushed DRAM and NAND memory prices sharply higher.
Read more →South Korea Bets $880 Billion on AI and Semiconductor Dominance
President Lee Jae Myung unveiled a sweeping national strategy on June 29, committing at least $880 billion from Samsung, SK Hynix, and major Korean conglomerates to semiconductors, AI infrastructure, and data centers through 2035.
Read more →Samsung Commits $648 Billion to AI Chips Over the Next Decade
Samsung Group pledged 1,000 trillion won ($648 billion) at a South Korean government briefing on June 28, with over 350 trillion won targeting AI data centers and semiconductor factories across the country over ten years.
Read more →SK Hynix Plans $29 Billion Nasdaq Listing to Expand AI Memory
South Korea's leading chipmaker SK Hynix plans to raise $29.4 billion via a Nasdaq ADR offering — which would be the largest in history — to fund new AI memory production capacity.
Read more →SK Hynix Files for $29B Nasdaq Listing to Expand AI Memory Supply
The South Korean chipmaker behind more than half the world's HBM memory—the critical component inside AI accelerators—is seeking $29.4 billion on Nasdaq to fund four new semiconductor plants.
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