SK hynix targets Nasdaq funds to boost Korea fabs and adopt EUV for AI memory - CHOSUNBIZ - Chosunbiz

SK hynix plans to raise funds through an American Depositary Shares (ADS) offering on Nasdaq to expand domestic production facilities, invest in advanced packaging equipment, and adopt extreme ultravi... Read original →

SK hynix’s Nasdaq ADS move isn’t just about funding EUV and HBM—it’s a strategic pivot to shore up supply chain sovereignty amid accelerating U.S.-China tech decoupling. This will spike demand for ASML’s EUV tools and advanced packaging materials while pressuring Samsung and Micron to accelerate 3nm DRAM roadmaps. However, the U.S. antitrust class-action lawsuit poses material compliance risk: past DRAM collusion cases led to hundreds of millions in settlements, potentially inflating SK hynix’s cost of capital. If CFIUS imposes restrictions on fund usage, AI memory ramp-up could stall. Over the next 12–24 months, as HBM4 standards crystallize, SK hynix aims to lock in NVIDIA via Korea-based capacity—but geopolitical friction is shifting from manufacturing to financing, likely forcing Korean chipmakers into dual-track capital strategies between Seoul and Washington.