SK Hynix, an affiliate of SK Telecom (SK), said investors have responded positively to its proposed US listing, supported by strong demand for artificial intelligence-related memory chips, Reuters reported Thursday, citing an unnamed source familiar with the matter.

The South Korean chipmaker said the planned listing is expected to attract more US institutional investors and broaden its shareholder base, according to the report.

The offering's size and timing remain undecided as the SEC's review of the listing continues, Reuters reported.

SK Hynix did not immediately reply to MT Newswires' request for comment.

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