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SK Hynix debuts on Nasdaq, shares jump 14%, ETFs adjust exposure to the chipmaker.

Market News
13 Jul 2026
ETF Trends
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Bullish
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SK Hynix, South Korea's second most valuable company, debuted on the Nasdaq on July 10, 2026, with its shares rising about 14% on the first day. This listing allows U.S. investors direct access to the chipmaker, which supplies memory chips to major tech firms like Apple and Nvidia. South Korea-focused ETFs like iShares MSCI South Korea ETF (EWY) and Franklin FTSE South Korea ETF (FLKR) hold over 20% of their assets in SK Hynix, while the Matthews Korea Active ETF (MKOR) takes a more conservative approach with just over 4%, favoring Samsung instead. The debut highlights growing investor interest in South Korean chipmakers amid the global AI and tech boom.

More News (EWY)

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