SK Hynix targets $29B US Nasdaq listing amid AI demand
SK Hynix plans up to $29.4B secondary listing on Nasdaq as Nvidia supplier capitalizes on AI stock appetite.
Thursday, June 25, 2026
SK Hynix targets $29B US Nasdaq listing amid AI demand — Thursday, June 25, 2026
SK Hynix eyes $29B Nasdaq listing on AI GPU demand; Cerebras posts first post-IPO earnings with 92% revenue growth.
Biggest developments
Cerebras reports Q1 earnings post-May IPO
Revenue up 92% YoY; stock fell 10% on gross margin forecast after first earnings since IPO.
Bullish takes
- AI infrastructure demand drives major semiconductor listings and earnings beats
Rumors & speculation
Unverified — read with care
- low confidenceOpenAI filed confidentially for IPO
Why this matters
Accelerating capital raises and listings signal infrastructure scaling phase for AI compute.