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SK Hynix shares opened at $170 on the Nasdaq, the company disclosed, as the chipmaker made its stock available to U.S. investors for the first time on an American exchange.
The company reported a trillion-dollar market capitalization at the time of the listing.
How SK Hynix reached a trillion-dollar market cap The chipmaker built its valuation supplying chips to companies including Nvidia and Apple, the company said. Both are among the largest technology companies in the world.
The customer roster explains the scale.
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