SK Group Chairman Chey Tae-won will take the stage at the Nasdaq in New York to declare SK Hynix's leadership in artificial intelligence (AI) to the world.
According to industry sources, SK Hynix will hold a ceremony to celebrate its listing of American Depositary Receipts (ADR) on the Nasdaq at 9:15 a.m. local time (10:15 p.m. Korean time) on July 10.
Chairman Chey is expected to attend the Nasdaq bell-ringing ceremony alongside key executives, including SK Hynix CEO Kwak Noh-jung.
Following the ceremony, he will participate in a live-streamed discussion with global semiconductor experts to discuss future semiconductor strategies, marking the start of a comprehensive "top sales" initiative.
Chey will appear on the online program "The Six Five," hosted by Daniel Newman, CEO of the technology analysis firm Futurum Group. Newman is a leading expert known for his in-depth analysis of AI strategies from major Silicon Valley companies like Nvidia, AMD, and Microsoft.
During the live discussion, which will be broadcast worldwide, Chey plans to outline the company's competitive edge centered around high-bandwidth memory (HBM) and its long-term roadmap for next-generation AI data center solutions.
Previously, Chey expressed in his writings that "SK Hynix must grow ten times larger than it is now," indicating his ambition to break the current undervaluation in the market.
This event reflects Chey's strong commitment to repositioning SK Hynix from a general memory manufacturer to a key player in global AI infrastructure.
In fact, the demand forecast for the Nasdaq listing attracted over seven times the amount of the offering, marking the second-largest foreign IPO in U.S. history (the largest for a foreign company).
The final offering price was set at $149 per share, approximately 2.9% higher than the closing price of common shares on the Korean stock market. Through this, SK Hynix has secured a substantial capital of about 40 trillion won (approximately $26.57 billion).
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.