Lana

I'm Lana.

I'll see you next week.

Hey, I'm Lana with your daily brief for Thursday, March 26th.

Coming up, SK Hynix wants a US stock listing and a bigger global profile, and UK inflation captured a bygone era, as in four weeks ago.

We'll also check in with Carl to get his answers to your burning questions.

More on the way, but first, a word from Guy at Finimize HQ.

SK Hynix just unveiled plans for a brand new listing in New York.

Because, hey, if it can make it there, it'll make it anywhere.

The South Korean chip maker is a key cog in the big AI machinery.

It supplies high bandwidth memory, the kind that helps AI processors handle huge amounts of data and deliver responses quickly.

And sure, SK Hynix's business has been good, but good doesn't quite cut it when demand is exploding.

So now the company's looking to build new factories, add capacity, and cultivate a bit more international clout.

On Wednesday, SK Hynix announced that it had filed with US regulators to launch a so-called American Depository Receipt, or ADR.

Now, an ADR listing is not a full US stock market debut.

That would come with a lot more scrutiny and cost.

But it does let stateside investors buy shares in the company without having to exchange their greenbacks.

In this case, for South Korean Won.

The listing's expected to go live this year and raise up to $14 billion for the firm.

AI is gobbling up chips like an unmonitored toddler at a cookout, and SK Hynix has been more than happy to keep supply flowing.

That's why its shares skyrocketed 229% last year.