SK Group chairman Tae-Won Chey is reportedly traveling to the US to personally attend the celebration of SK Hynix's American depositary receipt (ADR) listing on Nasdaq in New York. This listing is viewed as a strategic move to reposition SK Hynix from a traditional memory maker into a core AI infrastructure company.
SK Hynix's Nasdaq ADR listing provides capital for its AI infrastructure pivot, signaling a shift in memory supplier strategy towards AI-specific growth.