SK Hynix Files for $29.4 Billion US Listing to Scale AI Memory Output

*SK Hynix Inc. disclosed plans to raise 45.45 trillion won through an American share sale, with trading slated to open on July 10.*

The filing positions the company to tap public markets at a scale rarely seen. Depending on exchange rates, the offering could rank among the five largest equity deals ever recorded. The move arrives as memory suppliers race to keep pace with orders tied to artificial-intelligence training clusters.

Details in the Wednesday regulatory submission show the listing will be executed on a US exchange. No further breakdown of share classes or pricing ranges was released in the initial notice. Bloomberg Television correspondent Peter Elstrom first reported the outlines of the plan.

The size of the raise reflects the capital intensity of advanced DRAM and high-bandwidth memory production. SK Hynix has already committed significant resources to new fabrication lines; the fresh equity would underwrite further capacity without relying solely on debt or internal cash flow.

No counter-statements from competitors or exchange officials appear in the filing record yet.

The listing gives SK Hynix a direct route to US institutional capital at a moment when AI accelerator demand continues to outstrip supply of specialized memory. Companies that secure funding early can lock in equipment orders and process development ahead of rivals still negotiating their own financing. Execution risk remains tied to market reception on the chosen exchange and to any shifts in AI build-out schedules.

• Bloomberg Technology

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