Kristina Partsinevelos: SK Hynix targets $28B in Nasdaq listing amid tough Seoul market

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Kristina Partsinevelos: SK Hynix targets $28B in Nasdaq listing amid tough Seoul market — SK Hynix plans $28B Nasdaq listing

Kristina Partsinevelos reports that SK Hynix has reduced its target for its Nasdaq share sale to around $28 billion following a difficult period on the Seoul market.

Despite the revised figure, this would still represent the second largest share sale in history. The update also highlighted ongoing discussions about a potential Nvidia Kyber delay and noted that Broadcom has extended its cooperation with Apple through 2031.

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Partsinevelos has previously highlighted that Super Micro is seeking $7 billion to expand AI server infrastructure. Earlier, she noted Micron reached its most overbought level in more than 30 years, and Sandisk set a new overbought record. The updates reflect a period of aggressive capital moves and technical extremes among semiconductor and tech players.

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