SK Hynix’s US Listing Will Be a Focal Point This Week

Tech IPOs are definitely getting more interesting. On the heels of last week’s debuts by Bending Spoons and Lime, this week we’ve got South Korean memory chip giant SK Hynix, which is expected to list on the Nasdaq on Friday, adding to its existing South Korean stock exchange listing. Hynix will raise money as part of the Nasdaq listing, making investor reception to the offering another indicator of the IPO market’s strength.

For U.S. investors, Hynix’s U.S. listing will make the stock easier to buy. That’s a big deal. As things stand now, only one of the three primary makers of memory chips—Micron Technology—is U.S. based (the third is another South Korean company, Samsung). To be sure, investors might have preferred Hynix to have listed here a couple of years ago, before the memory chip explosion happened. Hynix’s revenue, for instance, soared 200% between 2023 and 2025, and then rose another 200% in the first quarter of this year. It’s little wonder that Hynix shares are up nearly 800% in the past 12 months.