Nvidia’s biggest RAM supplier just had a trillion-dollar debut on Wall Street

SK Hynix CEO Kwak Noh-Jung. | Image: Michael Nagle/Bloomberg via Getty Images As the AI boom boosts demand for RAM, SK Hynix - one of the world's biggest suppliers of memory chips - launched on Wall Street Friday. The South Korean chipmaker opened at $170 per share and raised $26.

5 billion, surpassing Alibaba's record as the largest debut of a foreign company, according to reports from The Associated Press and CNN. After reaching a $1 trillion valuation in May, SK Hynix briefly overtook Samsung as South Korea's most valuable company.