International Perspective · July 11, 2026
① SK Hynix ADR surged 13% on Nasdaq debut closing at $168.01 — $1.28T market cap, 21.7% premium over Korean shares; largest foreign IPO in US history lands successfully; 7x oversubscribed (CNBC / TechCrunch / Bloomberg)
② US Commerce Secretary Lutnick urged Samsung and SK Hynix to expand US memory chip production — speaking at Micron event, confirmed discussions with both Korean giants; combined $880B+ expansion plans from Samsung/SK plus Micron's $250B (Bloomberg / KED Global / Korea Herald)
③ Meta surged 6% as SemiAnalysis validated AI compute strategy — Zuckerberg confirmed considering renting excess AI capacity; Meta signed 5GW+ compute in H1 2026 alone; Morgan Stanley notes Mag 7 valuation premium at 10-year low (SemiAnalysis / CNBC / Bloomberg)