SK Hynix rises 13 in Nasdaq debut. Chairman tells CNBC 'demand is enormous'

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01 dollars and pushing the memory chip maker past a trillion dollar valuation. 5 billion dollars, surpassing Alibaba's 2014 sale to become the largest US IPO by a foreign company.

Chairman Chey Tae won told CNBC that demand for high bandwidth memory used in Nvidia AI chips is enormous and shows no sign of slowing, as AI agents and robots require large amounts of memory.