Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-07-09T01:38:43+00:00
By Hyunjoo Jin, Pritam Biswas and Kane Wu SEOUL, July 9 (Reuters) - South Korea's SK Hynix priced its American Depositary Receipts at $149 on Thursday raising about $26.5 billion, a U.S. regulatory filing showed, highlighting strong investor appetite for a pivotal chipmaker in the AI supply chain. The share sale comes as the company leverages its position as the leading supplier of high-bandwidth memory chips, a critical component for the advanced processors powering global artificial intelligence systems. SK Hynix priced the listing at a 2.7% premium over its average share price in the last three trading days, the company said in a filing on Friday to the Korea stock exchange. Chip stocks have lost some momentum in recent weeks after a stellar run, partly due to investor concerns about
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.