Source: Bloomberg
Summary
SK hynix is considering a potential U.S. listing to raise funds for its chip expansion. The listing could raise between $10 billion and $14 billion, which would help the company build more capacity and alleviate the global memory shortage, known as “RAMmageddon”. The move could also encourage other chipmakers to follow suit.
Our Reading
The announcement sounds ambitious. SK hynix’s potential U.S. listing is a familiar play to raise funds for expansion. The company hopes to raise $10-$14 billion to build more capacity. This move could end the “RAMmageddon” memory shortage. Because what we really needed was another chipmaker going public to solve a shortage caused by, you know, not enough chips.
Author: Evan Null
