South Korea-based SK Hynix Inc. (HXSCL) is planning a potential U.S. listing to boost its corporate value amid sharp rise in demand for artificial intelligence infrastructure.
The AI chipmaker stated in a regulatory filing that it was "reviewing various measures to enhance corporate value, including a U.S. stock market listing utilizing treasury shares." However, nothing has been finalized yet.
The listing could help the company to attract more capital from foreign investors, and enhance its corporate structure to match the global standards.
The company's statement comes as a Korea Economic Daily report revealed that SK Hynix had received proposals to list about 2.4 percent of its shares as American depositary receipts backed by treasury stock.
The company's stock closed at $41.71 on the OTC Markets.
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