SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs

# SK Hynix Raises Record $26.5B, Faces Pressure to Build US Factories South Korean chip manufacturer SK Hynix just raised $26.5 billion through the largest foreign company IPO in US history, riding the wave of massive demand for AI chips. Now US officials and industry leaders are pushing the company to use some of that money to build manufacturing facilities on American soil rather than just in South Korea. This reflects growing concerns about the US depending on foreign countries for the computer chips that power AI and other critical technology.