Find XO: Memory Has Become the Gateway to AI Capital: SK Hynix's $29.4 Billion Listing Signal (siliconangle.com)

- SK Hynix applied for an ADR listing on Nasdaq worth $29.4 billion on June 24. - It is the second largest IPO ever after SpaceX. - The scene cannot be explained by the conventional view of memory as a volatile commodity. - Capital values bottlenecks that everyone must pass through more than flashy applications. - If you are on an AI service team, examine how much your costs are tied to a single supplier.