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The upcoming US listing of South Korean rival SK Hynix Inc.
SK Hynix has filed to list American depositary receipts in the US, potentially raising $10 billion.
KEY POINTS
- SK Hynix's US listing will end Micron's status as the only US-listed DRAM supplier.
- SK Hynix captured 57% of global high-bandwidth memory revenue in Q4, over twice Micron's share.
- Micron shares currently trade at a premium to SK Hynix, partly due to its unique US listing.
COMPANIES
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