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South Korean memory chipmaker SK Hynix raised $26.5 billion through a US market debut, the company said, completing the largest US listing ever by a foreign company.
The listing No foreign company had previously matched that figure in a US debut, according to SK Hynix. The company disclosed no additional transaction terms.
SK Hynix makes memory chips, the components inside computing hardware that hold data while a processor works.
The South Korean manufacturer's entry into US markets at $26.5 billion places it among the largest equity issuers the United States has seen from any overseas company.
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