SK hynix Lists ADRs on Nasdaq to Strengthen Global AI Market Presence
The memory semiconductor company aims to expand its global investor base, deepen strategic partnerships and reinforce its position as a leading supplier of AI memory technologies following its Nasdaq debut.
SK hynix Inc. announced that it has listed its American Depositary Receipts[1] (ADRs) on the NASDAQ stock market, entering the heart of the global AI industry and capital markets, and opening a new chapter to elevate its status as a leading global company.
To commemorate the listing, SK hynix held an "Opening Bell" ceremony on the morning of July 10 (U.S. Eastern Time) at the Nasdaq MarketSite in Times Square, New York, officially marking the commencement of trading.
The milestone event was attended by top leadership from both the group and the company, including SK Group Chairman Chey Tae-won, Executive Vice Chairman Chey Jae-won, and SK hynix CEO Kwak Noh-Jung.
As the AI era accelerates, data centres are expanding rapidly, driving a surge in demand for AI memory to support them. SK hynix is a world-class memory semiconductor company equipped with industry-leading technology and stable supply capabilities that meet the demands of global Big Tech customers. In particular, the company has established a significant competitive edge in High Bandwidth Memory (HBM), the core component of AI accelerators.
With this listing, SK hynix plans to broaden its global investor base in the U.S. capital markets and further solidify its position as a "Core AI Partner."
Before the listing, SK hynix conducted a global institutional investor roadshow across major regions, including the U.S., Europe, and Asia, highlighting the company's competitiveness and growth potential as a leader in the AI memory market.
Beyond raising capital, this listing is expected to serve as a turning point for SK hynix, enabling the company to strengthen its ties with the next-generation computing ecosystem, unlock new business opportunities and deepen strategic partnerships down the road.
In his commemorative remarks, CEO Kwak Noh-Jung highlighted three core themes: Trust, Innovation, and Growth. The CEO said, "I'd like to thank our investors and customers for their trust and support. Through continuous innovation, we will push the boundaries of what memory can achieve while empowering our employees to reach even greater accomplishments." He added, "SK hynix seeks to be wherever AI is, continually demonstrating our technology leadership."
