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SK Hynix Inc. American Depositary Shares Rides AI Memory Demand

SK Hynix Inc. American Depositary Shares is expected to list on NASDAQ on 2026-07-10, but the price range has not been disclosed. The offering is still in the pre-pricing stage, so the main question is how much investors will pay for a memory leader tied to AI demand. Bull case: record FY2025 results and HBM exposure. Bear case: memory pricing and capital intensity can turn quickly.