SK Hynix’s Nasdaq Play: Tech Valuations and AI Ties Reshape Market

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(SeaPRwire) –   By: Oliver Hawthorne
SK Hynix picks Nasdaq for U.S. listing, set as early as August. Stock surged 230% this year, market cap over $1T. SEC to approve ADRs week of June 22. Offering could raise $14B. Analysts cite Nasdaq’s tech valuations and passive fund flows. SK Hynix joins Nvidia, Amazon on Nasdaq. Stock surge tied to AI demand, as it’s key memory chip supplier to Nvidia. Passive funds favor Nasdaq-listed stocks. Author bio: Oliver Hawthorne, Principal Correspondent permanently stationed at an international technology review, tracks semiconductor market dynamics.