SK Hynix

SK Hynix and Samsung Electronics play a pivotal role in memory chip supply

Investors assess whether strong earnings can sustain the AI rally after sharp swings in semiconductor stocks

The declines in its shares, alongside those of rival Samsung Electronics, contribute to 9% plunge in Kospi

It raised US$26.5b with its offering, and much of that is going toward expanding chip manufacturing

The proceeds will finance new factories and equipment to meet surging AI chip demand

It could be among the largest foreign company debuts in the US, second only to Alibaba Group’s US$25 billion debut

Questions are emerging about the chipmaker duo’s heavy AI investment

The solid-state drive is part of a package for artificial intelligence data centres

The MSCI Asia Pacific Index slips 1.2% as the Kospi index sheds 6.7%