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BUSINESSJul 10 · 21:07 UTCWPLG LOCAL 10 MIAMIBy DAMIAN J. TROISE, Associated Press

SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy

SK Hynix's shares rose 12.8% on their Wall Street debut, driven by surging demand for memory chips due to AI growth. The company raised $26.5 billion via ADRs and partnered with Nvidia for advanced memory chips as AI infrastructure expands.

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