South Korean memory chip company, SK hynix, is preparing for a potential U.S. IPO that could raise an estimated $10 billion to $14 billion. The company has filed a Form F-1 with the listing, which is set to occur in the second half of 2026. Despite its significant role in high-bandwidth memory (HBM), a key component powering AI systems from companies like Nvidia, the stock has historically traded at a discount to global peers. This move is seen as an attempt to increase its valuation to match global peers like Micron. The move is already affecting the broader Korean chip sector and has led some investors to push Samsung Electronics to consider a similar US. listing.