SK Hynix Nasdaq Debut Sends Shockwaves Through Micron (MU) And U.S. Chip Stocks
SK Hynix’s landmark arrival on the Nasdaq has triggered a wave of volatility that is now washing over U.S. semiconductor stocks, with Micron (MU) taking the hardest hit. The South Korean memory chipmaker raised over $26 billion through American Depositary Receipts priced at $149 each, marking one of the most significant semiconductor listings in recent…