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SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs

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SK Hynix raised $26.5B—the largest foreign IPO in U.S. history—to expand HBM production, directly addressing the AI chip shortage. This signals intense investor confidence in memory chip demand and pressures competitors to accelerate U.S. fab investments or risk losing market share to SK Hynix's expanded capacity.

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