SK Hynix, the dominant maker of HBM memory for AI, filed to list American depositary receipts on Nasdaq, aiming to raise about $29 billion.

ADRs are priced near $166 (255,000 won), with trading slated to begin around July 10 — one of the year's biggest US listings.

BofA, Citi, Goldman, and JPMorgan are leading the deal. SK Hynix already trades in Seoul and holds ~60% of the AI HBM market.