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SK Hynix expects the net proceeds from this US IPO to be approximately $28.0 billion

BlockBeats News, July 6th, according to market sources, SK Hynix expects the net proceeds of its US IPO to be approximately $28 billion, with plans to use the IPO net proceeds for capital expenditures and EUV scanner.

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Aletheia Capital has raised SK Hynix's price target to around $3,500, far above mainstream institutions.
The craze is shifting from the valuation narrative to the balance sheet and return-on-investment timeline arena
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