IT - Technology

South Korea's SK Hynix says to raise $29 bln in US ADR listing

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South Korea's SK Hynix said on ​Wednesday it ​plans to raise 45.45 trillion ⁠won ($29.43 billion) ​via the listing ​of American Depository receipts (ADR) in the U.S., ​as it ​seeks to expand its ‌investor ⁠base and production capacity for chips used in ​artificial ​intelligence.

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