AI chip fever lifts crypto as SK Hynix makes a splashy Nasdaq debut

The post SK Hynix Shatters Records with $26.5B US IPO Debut appeared on BitcoinEthereumNews.com. TLDR Friday’s session saw the Dow rise 0.1%, S&P 500 remain unchanged, and Nasdaq decline 0.2% South Korean chipmaker SK Hynix secured $26.5 billion through its American stock offering, setting an all-time record for foreign companies Semiconductor sector experienced downward pressure before SK Hynix’s Nasdaq trading debut Crude oil maintained levels around $72 per barrel as Strait of Hormuz shipping experienced renewed disruptions Delta Air Lines exceeded profit forecasts but shares declined due to elevated fuel expenditures American equity markets displayed varied performance Friday morning as market participants focused on an unprecedented Wall Street milestone. South Korean memory semiconductor manufacturer SK Hynix commenced Nasdaq trading following a record-shattering $26.5 billion American stock offering. This unprecedented capital raise establishes a new benchmark as the most substa

Prolonged chip shortages may drive tech firms to rethink infrastructure strategies, potentially reshaping global tech investment landscapes. The post SK Hynix CEO warns memory chip shortages will last beyond 2030 appeared first on Crypto Briefing.

The SK Hynix IPO may shift global investment focus towards US markets, potentially impacting capital flows into alternative assets like crypto. The post Nasdaq president says SK Hynix listing is sparking a wave of global IPO interest appeared first on Crypto Briefing.

The post Empery Digital sells 1,400 BTC for $65M to fund AI pivot appeared on BitcoinEthereumNews.com. Empery Digital (NASDAQ: EMPD) sold 1,400 Bitcoins from the stash it built throughout 2025 at an average of $62,200 a coin, raising about $87.1 million to invest in AI data centers and pay down debt. The Nasdaq-listed company started the sale in May and is now left holding 1,514 BTC. Why did Empery Digital sell its Bitcoin? Barely one year ago, Empery Digital rebranded from Volcon Inc. and changed its whole business plan from electric vehicles to focusing on holding Bitcoin. Now, it is walking away from that strategy to chase the booming demand for AI computing power. Why? The simple answer is that its Bitcoin investment lost a lot of value. Cryptopolitan previously reported that Empery bought most of its Bitcoin when prices were around $117,000 per coin. However, when prices fell below $70,000 earlier this year, those holdings dropped more than 40% in value. The company revealed in an

SK hynix's Nasdaq debut highlights the escalating demand for AI infrastructure, potentially reshaping global tech investment dynamics. The post SK hynix surges to $170 on Nasdaq debut, topping SpaceX’s opening day pop appeared first on Crypto Briefing.

The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are being asked to build US factories.

The post SK Hynix Makes Historic Nasdaq Debut: What Investors Need to Know About the $26.5B Offering appeared on BitcoinEthereumNews.com. TLDR SK Hynix launched its U.S. ADR at $149 per share in a $26.5B offering — smaller than the initial $29.4B projection The transaction represents the biggest U.S. stock sale ever completed by a foreign entity, eclipsing Alibaba’s 2014 record of $25B Jim Cramer identifies attractive entry point despite premium memory pricing, while cautioning about sector volatility HSBC projects the Nasdaq presence could enhance SK Hynix’s market value by 20% and reduce valuation disparity with Micron (MU) Capital raised will fund new manufacturing plants and purchase of cutting-edge EUV lithography equipment SK Hynix completed its highly anticipated Nasdaq listing on Friday, launching American Depositary Receipts at $149 each and securing $26.5 billion in what became the most substantial U.S. equity offering ever executed by an international corporation. SK hynix I

The post Another Publicly Traded Company Just Cut Bitcoin Holdings by 48% appeared on BitcoinEthereumNews.com. Empery Digital has sold 1,400 Bitcoin (BTC) since early May, cutting its Bitcoin holdings by roughly 48%. The sale raised about $87.1 million as the Nasdaq-listed firm pivots toward AI infrastructure. The company sold at an average price of $62,200 per token, according to a securities filing. It joins a growing list of treasury firms trimming Bitcoin to fund other priorities. Empery Digital Cuts Bitcoin Holdings to Repay Debt Empery Digital disclosed the sales in a July 10 filing with the Securities and Exchange Commission. The company began selling after May 7. It repaid $10 million of debt on July 7. Empery set aside the rest for a planned property deal and legal costs tied to shareholder litigation. As of July 10, the firm held 1,514 BTC and roughly $73.9 million in cash. It still owes $45 million on its debt facility. Empery Digital BTC Holdings. Source: Bitcoin Treasuries