SK Hynix Inc. is seeking 45.45 trillion won ($29.4 billion) in a US listing, tapping investor demand for high-flying memory-chip stocks even after a major selloff shook the group this week.

SK Hynix Inc. is planning to raise $29.4 billion (45.45 trillion won) in a landmark US listing and expects trading to start on July 10, according to a regulatory filing on Wednesday. The deal, depending on the exchange rate, could be among the top five share sales of all time. Peter Elstrom reports on Bloomberg Television. (Source: Bloomberg)

SK Hynix Inc. is planning to raise 45.45 trillion won ($29.4 billion) in a landmark US listing, as companies along the artificial intelligence supply chain rush to increase capacity to meet memory chip demand.