Chipmaker SK Hynix to launch $28 billion US listing amid AI boom

South Korean chipmaker SK Hynix will launch its roughly $28 billion Nasdaq listing on Monday, marking one of the world's biggest share sales. The company will offer 17.79 million new depositary receipt shares, making it among the most valuable tech firms. The listing follows last month's record IPO by SpaceX and rides strong AI-driven demand.