Memory maker SK hynix files for $29B US IPO amid AI demand
, the world's largest supplier of HBM memory, today filed to list its shares on the Nasdaq stock exchange. The South Korean company hopes to sell up to 17. The public offering is expected to be the second-largest on record after the recent listing of SpaceX Corp.
Key Takeaways
- SiliconANGLE UPDATED 20:37 EDT / JUNE 24 2026 AI Memory maker SK hynix files for $29B US IPO amid AI demand by Maria Deutscher SK hynix Inc.
SK hynix produces more than half of the world's HBM memory, the fast, pricey RAM that artificial intelligence chips use to store data.
- The technology can also be found in many other artificial intelligence chips.
HBM's main advantage over standard DRAM is that it provides more bandwidth.
- SK hynix manufactures those structures using a method called mass reflow molded underfill, or MR-MUF for short.
The technology creates so-called thermal dummy bumps that help conduct heat away from memory circuits.
- The company is also a major player in the broader memory market.
It's the world's second-largest maker of flash storage and DRAM, the memory variety most commonly used in consumer devices such as laptops.
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Stats & Key Facts
- #The company's revenue jumped 198% year-over-year in the first quarter to $38 billion thanks to the AI boom.
- #Moreover, it's highly profitable: It logged a net margin of 77% in the three months through March 31.
- #The campus, which is expected to draw more than $200 billion in investments, will also host dozens of other semiconductor companies.
SiliconANGLE UPDATED 20:37 EDT / JUNE 24 2026 AI Memory maker SK hynix files for $29B US IPO amid AI demand by Maria Deutscher SK hynix Inc. , the world's largest supplier of HBM memory, today filed to list its shares on the Nasdaq stock exchange. The South Korean company hopes to sell up to 17.
The public offering is expected to be the second-largest on record after the recent listing of SpaceX Corp. SK hynix produces more than half of the world's HBM memory, the fast, pricey RAM that artificial intelligence chips use to store data. The company's revenue jumped 198% year-over-year in the first quarter to $38 billion thanks to the AI boom.
Moreover, it's highly profitable: It logged a net margin of 77% in the three months through March 31. An HBM module comprises up to 12 memory chips that are stacked atop one another. Tiny wires called through-silicon wires, or TSWs, deliver electricity and data to the vertical chips.
For more details please read the original article at SiliconANGLE AI.
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