SK Hynix raises $26.5B in biggest foreign IPO in US history, urged to build new US fabs

Jul 11, 2026

SK Hynix has raised $26.5 billion in the largest foreign IPO in US history, fueled by the AI chip boom. The company, along with Samsung, is now being urged to build new semiconductor fabrication plants in the United States.

Why it matters: This record-breaking IPO highlights the significant investment in AI hardware and could influence the future of US semiconductor manufacturing.

Full story at: TechCrunch / AI ↗