{"id":719276,"date":"2026-03-27T22:25:10","date_gmt":"2026-03-27T19:25:10","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/memory-chip-giant-sk-hynix-could-help-end-rammageddon-with-blockbuster-us-ipo\/"},"modified":"2026-03-27T22:25:10","modified_gmt":"2026-03-27T19:25:10","slug":"memory-chip-giant-sk-hynix-could-help-end-rammageddon-with-blockbuster-us-ipo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/memory-chip-giant-sk-hynix-could-help-end-rammageddon-with-blockbuster-us-ipo\/","title":{"rendered":"Memory chip giant SK hynix could help end &#8216;RAMmageddon&#8217; with blockbuster US IPO"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a373554c6558\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a373554c6558\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/memory-chip-giant-sk-hynix-could-help-end-rammageddon-with-blockbuster-us-ipo\/#A_capital_push_to_meet_AI-driven_demand\" >A capital push to meet AI-driven demand<\/a><\/li><\/ul><\/nav><\/div>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">SK hynix, a South Korean memory chip giant already listed on the KOSPI, is laying the groundwork for a potential U.S. listing that could reportedly raise an estimated $10 billion to $14 billion.<\/p>\n<p class=\"wp-block-paragraph\">The company announced this week that it has confidentially filed a Form F-1 with the the listing, targeting the second half of 2026.<\/p>\n<p class=\"wp-block-paragraph\">But the real question isn\u2019t just how much it can raise: it\u2019s whether a U.S. listing could increase is trading value as one of the most critical players in the AI chip supply chain. <\/p>\n<p class=\"wp-block-paragraph\">Despite its critical role in high-bandwidth memory (HBM), a key component powering AI systems from companies like Nvidia, the stock has historically traded at a discount to global peers, according to a Seoul-based semiconductor analyst. It\u2019s got a market cap of around $440 billion, but it\u2019s valuation multiples remain below those of U.S.-listed semiconductor firms, raising questions about whether geography, rather than fundamentals, is partly driving the gap. <\/p>\n<p class=\"wp-block-paragraph\">The move is widely seen as an effort to increase its valuation to match global peers like Micron.<\/p>\n<p class=\"wp-block-paragraph\">\u201cSK hynix\u2019s U.S. listing could help close a long-standing valuation gap with global peers. Despite having comparable \u2013 or in some areas stronger production capacity than U.S.-based chipmakers, the Korean company has historically traded at a discount, partly due to its primary listing in Korea,\u201d the analyst told TechCrunch.<\/p>\n<p class=\"wp-block-paragraph\">The analyst also mentioned structural factors shaping the deal. \u201cSK Square, SK hynix\u2019s largest shareholder, which held 20.07% as of December 2025, is required to maintain a stake of at least 20% under Korea\u2019s holding company rules.\u201d<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco, CA<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Based on current share prices, issuing roughly 2% in new shares could raise $10 billion to $14 billion while allowing SK Square to maintain its ownership threshold, the analyst said. (Under Korea\u2019s Fair Trade Act, holding companies must maintain minimum ownership stakes in subsidiaries, at least 20% for listed entities, to retain control.)<\/p>\n<p class=\"wp-block-paragraph\">There\u2019s precedent. Taiwan Semiconductor Manufacturing Company (TSMC), for example, has seen its U.S.-listed shares trade at a premium to its domestic shares at times, particularly during periods of strong AI-driven demand, suggesting that cross-listing can influence how investors price the same underlying business.<\/p>\n<p class=\"wp-block-paragraph\">The move is already rippling across the broader Korean chip sector. Following SK hynix\u2019s filing, some investors are now pushing Samsung Electronics to consider a similar U.S. listing. Artisan Partners, a major shareholder, said Friday that a U.S. listing (technically known as an American depositary receipt, or ADR), could help Samsung boost its valuation, too, as well as give U.S. retail investors a chance to buy its stock, according to <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-27\/fund-that-bet-big-on-samsung-pushes-for-adrs-to-raise-valuation?utm_source=website&amp;utm_medium=share&amp;utm_campaign=twitter\">a Bloomberg report.<\/a> <\/p>\n<h3 class=\"wp-block-heading\" id=\"h-a-capital-push-to-meet-ai-driven-demand\"><span class=\"ez-toc-section\" id=\"A_capital_push_to_meet_AI-driven_demand\"><\/span><strong>A capital push to meet AI-driven demand<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"wp-block-paragraph\">SK hynix\u2019s planned ADR listing is also widely seen as a move to secure funding ahead of increased capital spending to meet the rising demand for memory from AI semiconductors.<\/p>\n<p class=\"wp-block-paragraph\">At its annual <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> meeting on March 25, SK hynix CEO Noh-Jung Kwaksaid financial capacity will be key to sustaining growth in the AI era, adding that the company is targeting <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately $75 billion (more than 100 trillion KRW) in net cash to support long-term investments.<\/p>\n<p class=\"wp-block-paragraph\">Soaring cost for memory, and limited supply has been one of the bottlenecks slowing AI builds, but also impacting other industries, like consumer <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>rs. It\u2019s a situation that\u2019s been dubbed <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/hothardware.com\/news\/memory-crisis-expected-to-force-downgraded-specs\">\u2018RAMmageddon\u2019<\/a> and, if nothing in the market changes, is expected to continue on until at least 2027, <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.nature.com\/articles\/d41586-026-00844-x\">Nature reports.<\/a><\/p>\n<p class=\"wp-block-paragraph\">Time will tell if that doomsday prediction holds up. The tech giants are working on solving RAMmageddon in other ways beyond increased manufacturing. For instance, Google this week introduced a tech called TurboQuant, an ultra-efficient AI memory compression algorithm. It allows AI to become vastly more efficient in using memory.<\/p>\n<p class=\"wp-block-paragraph\">Nevertheless, the signals indicate that more memory production will be necessary as well.  SK hynix is gearing up for a wave of capital-intensive projects. The company plans to invest around $400 billion by 2050 to build a semiconductor cluster in Yongin, South Korea. It is also constructing new facilities in South Korea and Indiana, with planned investments of about $25 billion and $3.3 billion, respectively, underscoring the scale of capital required.<\/p>\n<p class=\"wp-block-paragraph\">The chipmaker said this week it will acquire advanced extreme ultraviolet (EUV) lithography scanners from ASML by 2027 in a deal worth $7.9 billion, aimed at boosting high-bandwidth memory (HBM) production for AI.<\/p>\n<p class=\"wp-block-paragraph\">All of this would be supported by a blockbuster U.S. IPO. And that could lead other Korean chip makers to follow.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" target=\"_blank\" >Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techcrunch.com\/2026\/03\/27\/memory-chip-giant-sk-hynix-could-help-end-rammageddon-with-blockbuster-us-ipo\/\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SK hynix, a South Korean memory chip giant already listed on the KOSPI, is laying the groundwork for a potential U.S. listing that could reportedly raise an estimated $10 billion to $14 billion. The company announced this week that it has confidentially filed a Form F-1 with the the listing, targeting the second half of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":719277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/03\/SK-hynix-logo.jpg?w=1200","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[77337,75885,52711,152435,102270,161402],"class_list":["post-719276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-ai","tag-enterprise","tag-hardware","tag-ipos","tag-memory","tag-sk-hynix"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/719276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=719276"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/719276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/719277"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=719276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=719276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=719276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}