SEOUL, March 25 (Reuters) – South Korea’s SK Hynix said on Wednesday it has submitted a confidential filing to the U.S. Securities and Exchange Commission for a possible listing of American depository receipts in 2026.
“While we aim to complete the listing within 2026, specific details – such as the size, structure, and timeline of the offering – have not yet been finalized,” the chipmaker said in a domestic regulatory filing.
SK Hynix is considering raising 10 trillion to 15 trillion won ($10.03 billion) through a U.S. listing and aims to expand production capacity for advanced memory chips, the Korea Economic Daily has previously reported.
A U.S. listing would give the Nvidia supplier access to a wider pool of capital and could help narrow a gap in its valuation compared with global peers such as Micron.
(Reporting by Hyunjoo Jin, Jack Kim; Editing by Chris Reese and Christopher Cushing)
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