Global funds embrace "silicon-based inflation": SK Hynix is heading for a US IPO to raise nearly $30 billion, joining hands with Micron to explode performance and jointly witness that the "storage super cycle" is far from over.

According to the Wise Finance APP, despite a major sell-off this week in global chip stocks due to concerns over overcrowded positions and excessive leverage in AI computing power-related technology stocks, one of the three largest global memory chip manufacturers based in South Korea, SK Hynix Inc., is seeking to raise 4.545 trillion Korean won (294 billion U.S. dollars) through an initial public offering (IPO) on the U.S. stock market. This move aims to take advantage of strong demand from global investors for stocks of super giant memory chip companies that have seen soaring prices and extreme scarcity in recent years, particularly in the high-bandwidth memory (HBM) sector where SK Hynix holds the highest market share. The plan for SK Hynix to list in the U.S. has attracted a rush of funds, fueled by Micron in the U.S. releasing incredibly strong performance and outlook, highlighting that the super cycle for memory chips is far from over.