Nvidia’s biggest RAM supplier just had a trillion-dollar debut on Wall Street
SK Hynix opened at $170 per share as it continues to benefit from a surge in demand for memory components.
by Emma Roth
Jul 10, 2026, 5:31 PM UTC
Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.
As the AI boom boosts demand for RAM, SK Hynix – one of the world’s biggest suppliers of memory chips – launched on Wall Street Friday. The South Korean chipmaker opened at $170 per share and raised $26.5 billion, surpassing Alibaba’s record as the largest debut of a foreign company, according to reports from Associated Press and CNN.
After reaching a $1 trillion valuation in May, SK Hynix briefly overtook Samsung as South Korea’s most valuable company. SK Hynix is one of three major companiesbenefitting from a surge in demand for...
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