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SK Hynix rises 13% in Nasdaq debut. Chairman tells CNBC 'demand is enormous'

$1T. SK Hynix just hit it on Nasdaq debut—and the chairman says AI demand is 'enormous.'

Reporting by CNBC Technology 1 min brief
Paper-cut illustration of an amber microchip with circuit paths extending into a row of data-center cabinets.
The infrastructure powering AI.AI illustration by KeyNews
The KeyNews take

Why it matters

SK Hynix's public listing and trillion-dollar valuation reflects explosive demand for memory chips powering AI infrastructure. This signals confidence in sustained AI capex and validates the chip supply chain as critical to scaling LLM inference and training.

The key facts

6 to know

  1. SK Hynix rose 13% on Nasdaq debut

  2. Reached $1 trillion market capitalization

  3. Supplies Nvidia, Apple, and other major tech companies

  4. Chairman stated 'demand is enormous'

  5. IPO date: July 10, 2026

  6. Memory chip supplier positioning as core AI infrastructure play

Go to the source

CNBC Technologycnbc.com

Publisher excerpt: SK Hynix has soared to a trillion-dollar market cap by serving some of the biggest names in technology, including Nvidia and Apple.
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