SK Hynix’s US stock debut soars 12.8% as AI-driven chip demand surges

NEW YORK (AP) — Shares of South Korean memory chipmaker SK Hynix rose 12. 8% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence. The company is already one of the largest in South Korea, along with Samsung Electronics, and is a member of the Kospi index.