SK Hynix listed on Nasdaq on July 10, 2026, raising $26.5 billion in its IPO, the largest ever, with a market cap exceeding $1 trillion. Through strategic acquisitions of energy and telecom monopolies via political connections, the company bet on HBM technology, transforming from an also-ran to the most critical AI memory supplier. Currently holding 58% HBM market share, SK Hynix is deeply integrated with Nvidia to co-develop next-generation memory solutions.
