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SK Hynix, a South Korean chipmaker carrying a trillion-dollar valuation, is listing on the Nasdaq. markets follows a stock rally of more than sevenfold over the past year.
The Nasdaq entry The listing gives SK Hynix a foothold on a U.S. The company's stock climbed more than seven times its value over the preceding year before the Nasdaq debut.
South Korean in origin, SK Hynix now enters U.S. equity trading at trillion-dollar scale. The stock rally SK Hynix's stock recorded a more than sevenfold gain in the twelve months before the listing.
The chipmaker's Nasdaq debut follows directly from that advance, according to reporting on the listing. --- Note: The source provided is a headline and a single-sentence summary.
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