The RAM Rush: Why Wall Street's Next Big Thing May Leave a Trail of Debt The impending IPO of SK Hynix, South Korea's second largest memory chipmaker, has sent shockwaves through the global tech market.
With its planned sale of nearly 17. 8 million shares, the company is expected to raise around $28 billion, making it one of the largest initial public offerings in history.
SK Hynix's rapid growth can be attributed to the insatiable demand for memory chips from AI systems. These systems require vast amounts of high bandwidth memory (HBM), DRAM, and NAND to function.