SK Hynix is preparing one of the biggest public listings in history, giving retail investors easier access to one of the world’s most important AI chipmakers. Here’s what the IPO means, why it’s attracting so much attention, and what investors should know.

AI investing has largely revolved around household names like Nvidia, Microsoft and Broadcom. But behind every AI accelerator is another critical component that receives far less attention: memory chips. One company sits at the centre of that market—South Korea’s SK Hynix. It’s the world’s leading producer of high-bandwidth memory (HBM) chips—a critical component used alongside AI processors in data centres. Now, through its upcoming Nasdaq listing, Singapore investors will have a simpler way to invest in one of the world’s leading AI memory chip manufacturers. The listing has already attracted exceptionally strong investor demand, reflecting the market’s continued enthusiasm for AI-related businesses. It’s anticipated to raise around US$28 billion, making it one of the largest share offerings ever completed globally....