S.Korea chip giant SK hynix seeks $29 bn in Nasdaq listing: regulatory filing

South Korea's SK hynix, a maker of memory chips for artificial intelligence data centres, said Wednesday it plans to raise 45.45 trillion won ($29 billion) through a listing on Wall Street's tech-heavy Nasdaq stock index.SK hynix said proceeds from the offering would be used to fund chip facilities -- including its first fab at South Korea's Yongin semiconductor cluster, an advanced packaging facility in Cheongju, and chipmaking equipment.