---
title: "Weekly Recap: ADS offering, Nasdaq listing and Cheongju 100T investment"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291849018.md"
description: "SK hynix is pursuing a Nasdaq ADS listing and a $28–29 billion share offering to fund HBM and AI chip capacity expansion. The company also announced a 100 trillion won investment in Cheongju for NAND fabrication and packaging plants. Concurrently, SK hynix faces a US class-action lawsuit regarding DRAM output limits, while benefiting from surging semiconductor exports driven by AI demand and new ultra-pure gas supply agreements."
datetime: "2026-07-06T22:14:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291849018.md)
  - [en](https://longbridge.com/en/news/291849018.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291849018.md)
---

# Weekly Recap: ADS offering, Nasdaq listing and Cheongju 100T investment

SK hynix Inc. (KRX:000660) is pursuing a Nasdaq ADS listing and $28–29B share offering to fuel HBM and AI chip capacity — financing fabs, US gas supply and packaging — as demand, record semiconductor exports and related ETFs spur market moves amid an ongoing US class action.

**Previous Week Recap**

-   **SK hynix U.S. ADS Offering**: SK hynix (000660) launched a U.S. ADS offering and seeks Nasdaq Global Select listing as SKHY, proposing $28–29B of shares (including 177.9M ADSs). Proceeds target HBM and AI chip capacity. 1 2 3
-   **Cheongju Expansion: NAND And Packaging**: SK hynix (000660) plans 100T won in Cheongju: 80T for M17 NAND fab (start construction next year, completion by 2029) and 20T for packaging plant (target late 2027). 4 5
-   **Direxion 2X ETF For SKHY**: Direxion filed to launch Direxion Daily SK Hynix Bull 2X ETF (SKHL) to target 200% of SK hynix Inc. Sponsored GDR (000660) daily returns once the ADR lists on Nasdaq. 6
-   **US Class-Action On GDR**: US class-action (filed June 25) names SK hynix Inc. Sponsored GDR (000660), alleging DRAM output limits and shift to HBM; seeks class certification, injunction and treble damages. 7
-   **June Exports Surge; AI Chip Demand**: South Korea’s June exports jumped 79% YoY; semiconductor shipments hit a record $44.82B, driven by AI chip demand. Traders: strong demand cited for SK hynix Inc. Sponsored GDR (000660). 8
-   **Ultra-Pure Gases From Air Liquide**: SK hynix (000660) to receive ultra‑pure gases via two US gas plants funded by Air Liquide’s $170M+ investment; plants in Indiana due online by end‑2028 to support SK hynix’s AI memory production 9
-   **SK hynix Rebounds On AI Nerves**: SK hynix (000660) rebounded after a sell-off tied to Meta's AI-capacity news; analysts say the AI infrastructure market stays tight and the price swing reflected sentiment, not chip demand changes. 10

**Disclaimer**

  

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

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