SK Hynix Halts Plans for U.S. IPO of Memory-Chip Unit
SK Hynix halted plans to list its memory-chip unit in the U.S., the latest company tied to the AI boom to pause a multibillion-dollar fundraising amid market turmoil.
By P.R. VenkatSK Hynix halted plans to list its memory-chip unit in the U.S., becoming the latest casualty of market turmoil that is stalling a rush of multibillion-dollar fundraisings by companies tied to the artificial-intelligence boom.The South Korean company--the world's second-largest memory…