SK Hynix Debut Is a Bet That AI Breaks Boom-and-Bust Chip Cycle

SK Hynix Inc. raised $26.5 billion in a US initial public offering (IPO) through American depositary receipts, marking the largest first-time share sale by a foreign company in the US. The article links the offering to the potential of AI disrupting the traditional boom-and-bust cycle in the chip industry.