South Korean chipmaker SK Hynix on Monday launched a U.S. share sale to raise 43 trillion won ($28.07 billion) and drew indications of interest for up to $7 billion from major investors, ​as it capitalises on the global AI boom with one of the world's largest new share sales.

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Reuters Business

Reuters Business

 

South Korea's SK Hynix launches $28 billion US listing to ride global AI wave 

 

US back-to-school bargain hunt starts early as higher bills pressure families 

 

Boeing's new 737 assembly line starts moving in Everett 

 

S&P 500, Nasdaq futures rise as chip shares rebound 

 

ITV and Sky reshape British TV landscape with $2.1 billion deal 

 

Volkswagen CEO faces acid test from unions over swingeing job cut plans 

 

From shampoo to cookies, consumer products get an AI makeover 

 

Dior beats Chanel to dress Taylor Swift for wedding of the decade 

 

Airbus informally aims for 900 deliveries after strong June, sources say 

 

Hedge funds dumped chip stocks for a fourth week as AI shares sold off 

 

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