Bloomberg’s Daybreak Desk Says SK Hynix’s Record $26.5 Billion Nasdaq Debut Proves the AI Chip Boom Isn’t Cooling Quick Read – Micron (MU) guided $50B in Q4 revenue while NVIDIA (NVDA) posted $75B in Data Center sales, both validating SK Hynix’s record $26.5B US debut. – KLA…
rged 150% over the past year supplying the process control tools that make HBM stacking commercially viable across the entire AI buildout. – Bloomberg’s Daybreak Europe desk framed today’s SK Hynix NASDAQ debut as validation that AI-driven chip demand remains structurally intact, even with equity markets navigating fresh macro cross-currents. The South Korean memory maker raised $26.5 billion in its ADR offering, a deal that surpassed Alibaba’s prior record to become the largest ever US listing by a foreign company
Bloomberg correspondent Winnie tied the reaction to memory sector fundamentals: “The gains are being boosted by the technology shares after Micron spending plan really reassured investors that the AI demand remains solid, and here you can see that KOSPI still leading gains up almost 5% ahead of the SK Hynix US listing.” The bureau editor added that “the two stocks in Korea are the foundation of the whole AI buildout” and that “the fact that SK was able to raise this kind of money at a premium is a strong point.” With ADRs opening at a 3% premium to Thursday’s Korea close and the broader Asian stocks benchmark up 1.4% to 1.5%, the price action aligned with what three US-listed AI beneficiaries have been telling investors in their most recent results. Micron: The Direct Read on Memory Demand Micron Technology (NASDAQ:MU) is the direct US-listed proxy for what SK Hynix does. In fiscal Q3 2026, Micron reported revenue of $41.456 billion, a 345.72% jump from the prior year, with non-GAAP EPS of $25.11 against a $20.2843 consensus.
Cloud Memory contributed $13.769 billion and Core Data Center added another $11.524 billion. General Motors, POSCO, and 50,000+ everyday investors have…