SK hynix Inc. (KRX: 000660) has listed its American Depositary Receipts (ADRs) on the NASDAQ stock market, marking a significant step in the company’s efforts to broaden its global investor base and strengthen its position in the rapidly expanding artificial intelligence (AI) semiconductor ecosystem.
Trading officially commenced following an Opening Bell ceremony held on July 10 at the Nasdaq MarketSite in Times Square, New York. The event was attended by senior executives from SK Group and SK hynix, including SK Group Chairman Chey Tae-won, SK Square Executive Vice Chairman Chey Jae-won, and SK hynix Chief Executive Officer Kwak Noh-Jung.
The listing places the South Korean memory chipmaker at the center of one of the world’s largest capital markets as demand for AI infrastructure continues to accelerate. The rapid expansion of AI data centers has significantly increased the need for high-performance memory solutions, positioning memory manufacturers as key suppliers to global technology companies.
SK hynix has emerged as one of the leading players in the AI memory segment, particularly through its High Bandwidth Memory (HBM) technology, a critical component used in AI accelerators that power advanced computing and generative AI applications. The company said the NASDAQ listing will help expand its access to U.S. investors while reinforcing its role as a strategic partner in the AI value chain.
Ahead of the listing, SK hynix conducted a global institutional investor roadshow across the United States, Europe and Asia to showcase its technological capabilities and long-term growth prospects in the AI memory market.
The company said the ADR listing is intended to deliver benefits beyond capital market access. It expects the move to strengthen relationships across the next-generation computing ecosystem, create new business opportunities and support deeper strategic collaborations as AI adoption continues to grow.
Speaking at the ceremony, CEO Kwak Noh-Jung highlighted trust, innovation and growth as the company’s guiding priorities.
“I’d like to thank our investors and customers for their trust and support,” Kwak said. “Through continuous innovation, we will push the boundaries of what memory can achieve while empowering our employees to reach even greater accomplishments.”
He added that SK hynix aims to maintain its technology leadership as AI adoption expands globally, stating that the company “seeks to be wherever AI is.”
Following its trading debut, the ADR offering is scheduled to close on July 14, U.S. Eastern Time. The newly issued common shares underlying the ADRs are expected to be additionally listed on the KOSPI Market of the Korea Exchange on July 29, Korea Time.
