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Stock impact report

Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom [CNBC]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: CNBC
A U.S. listing could help the surging company close valuation gaps between its U.S.-listed memory competitor Micron Technology and Samsung Electronics. SK Hynix has also been committing significant capital at home and abroad to expand its supply capacity. In this article Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images South Korea's SK Hynix on Wednesday confirmed that it is weighing a U.S. listing as the memory chipmaker's valuation soars on global demand for artificial intelligence hardware. The company at the center of the AI infrastructure boom said in a regulatory filing that it was “reviewing various measures to enhance corporate value, including a U.S. stock market listing utilizing treasury shares,” while noting that no final decision has been made. A U.S. listing would give American investors direct access to SK Hynix shares, which have surged nearly 230% so far this year in trading in Seo Show less Read more
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