SK hynix has confidentially filed a Form F-1 for a potential U.S. listing, aiming to raise between $10 billion and $14 billion in the second half of 2026, as it seeks to strengthen its position in the global AI semiconductor supply chain.
The company is positioning the move as a way to address a long-standing valuation gap with U.S.-listed peers, despite its critical role in high-bandwidth memory used in AI systems. Leadership has indicated that expanding financial capacity will be essential to sustain growth driven by rising AI demand.
The planned listing aligns with broader capital investment efforts, including large-scale semiconductor infrastructure projects and advanced manufacturing expansion to meet increasing AI-related memory requirements.