Key facts
- SK Group Chairman Chey Tae-won called SK hynix's Nasdaq debut a "historical moment" and "dream come true."
- Chey anticipates significant investments in the AI sector, potentially tens of billions of dollars.
- Investments will target AI, AI data centers, technologies, startups, and joint ventures.
- The Nasdaq debut provides SK hynix with greater financial options and access to global markets.
- Chey highlighted that AI demand is growing exponentially due to AI agents and physical robots.
- SK Hynix is studying the possibility of building chip facilities in the United States, considering water, land, workforce, and supply chain ecosystem needs.
SK Group Chairman Chey Tae-won has described the Nasdaq debut of South Korean chipmaker SK hynix Inc. as a "historical moment" and a "dream come true," anticipating substantial investments in the artificial intelligence (AI) sector.
During a CNBC interview following the company's listing of American depositary receipts on the tech-heavy Nasdaq, Chey stated that the debut marks a long-awaited milestone for SK, which acquired Hynix 15 years ago. He projected that the conglomerate would invest "at least ... tens of billions of dollars" in AI-related areas, including memory chips, AI data centers, technologies, startups, and potential joint ventures.