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BUSINESSBloomberg Markets·9h ago

SK Hynix Mega-Listing Maintains US IPO Momentum in Third Quarter

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AI TLDR · GEMINI

SK Hynix's $26.5 billion US listing bolstered third-quarter IPO momentum, particularly for AI-related companies. However, the postponement of several smaller IPOs has created uncertainty regarding the broader market's outlook.

SK Hynix Inc.’s $26.5 billion US listing kept the streak of artificial intelligence-related mega-deals going in the third quarter, even as a trio of postponed smaller IPOs cast doubt on the market’s prospects aside from Anthropic PBC’s expected debut.

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