SK Hynix entered the U.S. Nasdaq market on July 10 (local time) through the listing of American Depositary Receipts (ADRs).

SK Hynix held an opening bell ceremony to commemorate the ADR listing at the Nasdaq MarketSite in Times Square, New York, on the morning of the same day.

The event was attended by a large number of key executives from the group and the company, including SK Group Chairman Chey Tae-won, Executive Vice Chairman Chey Jae-won, and SK Hynix CEO Kwak Noh-jung.

Official trading of SK Hynix began with the ringing of the opening bell.

Previously, SK Hynix finalized the ADR offering price at 149 dollars per share. Through the offering of 177.9 million shares, the company will raise 26.507 billion dollars, which is approximately 40 trillion Korean won.

With this ADR listing, SK Hynix plans to broaden its global investor base in the U.S. capital market and strengthen its position as a key partner in artificial intelligence.

SK Hynix is a leader in the High Bandwidth Memory (HBM) market, which is essential for AI accelerators.

As the AI era accelerates and data centers expand rapidly, the demand for AI memory to support them is also showing a sharp upward trend.

Prior to the listing, SK Hynix conducted roadshows for major global institutional investors in regions including the U.S., Europe, and Asia, where investors highly valued the company's competitiveness and growth potential in the AI memory market.

This listing is expected to serve as an opportunity for SK Hynix to go beyond simple fundraising and further strengthen its connections with the next-generation computing ecosystem, thereby discovering new business opportunities and deepening strategic partnerships.

In his commemorative speech, CEO Kwak Noh-jung emphasized trust, innovation, and growth.

He stated, "I am grateful to the investors and customers who have placed their trust in us, and I will support our employees, who have worked with us to push the boundaries of memory possibilities through innovation, to achieve even greater success," adding, "SK Hynix will prove its technological leadership and be present wherever AI exists."

The proceeds from the offering will be paid to SK Hynix on July 14.

The common shares underlying the ADRs are scheduled to be additionally listed on the Korea Exchange's KOSPI market on July 29.

ADRs are certificates issued to allow foreign companies to trade their shares in the U.S. market while maintaining their primary listing in their home country.

This structure allows foreign companies to enter the U.S. capital market directly to attract global investors, while local investors benefit from the convenience of investing in the company just like any other U.S. stock, without the need for currency exchange or opening overseas accounts.