SK Hynix raises $26.5B in record US IPO. Washington wants factories on home soil
SK Hynix debuted on Nasdaq on July 10, 2026, raising $26.5B in the largest-ever US IPO by a foreign company. The Korean HBM producer — a key NVIDIA GPU supplier — opened 14% above its IPO price. US officials are pressing the company to build fabs on American soil.
