SK Hynix's American ADR listing was oversubscribed, with expected net proceeds of approximately $28 billion. NVIDIA's ne…
Important News
- SK Hynix's American ADR listing has been oversubscribed and will stop accepting subscriptions at 4 PM New York time on July 8.
Individual Stock News
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The F-1 filing shows that SK Hynix has applied to register the issuance of 17.9 million shares of common stock and based on this, will issue 7.9 million American Depositary Shares. SK Hynix expects the net proceeds from this U.S. IPO to be approximately $28 billion.
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Research firms state that NVIDIA's (NVDA.O) next flagship product, designed to feature its 2027 Rubin Ultra chip, will be delayed to 2028.
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Broadcom has reached an agreement with Apple to extend their chip collaboration relationship until 2031.
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Micron Technology (MU.O) has launched an expansion project at its Hiroshima factory to increase 1γ DRAM and HBM capacity.
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Tesla (TSLA.O) saw a year-on-year increase of 42.02% in new car sales in the UK in June, reaching 12,403 vehicles.
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Kioxia and Sandisk (SNDK.O) have begun producing tenth-generation 3D flash memory products at the Northbound factory Fab2.
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Micron Technology (MU.O) has signed a strategic agreement with Ford Motor (F.N) to strengthen long-term storage supply and industry resilience