SK Hynix secured approximately 40 trillion won ($26.5 billion) through an American Depositary Receipt offering on Nasdaq, with proceeds scheduled for payment on Monday. The company plans to allocate most of these funds to domestic investments, including the Yongin semiconductor cluster, which will inject a significant amount of US dollars into South Korea's foreign exchange market.
SK Hynix's massive capital raise secures funding for its domestic memory and compute capacity expansion, ensuring long-term supply for AI infrastructure.