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US Pre-market News Update: SK Hynix's US IPO Receives Oversubscription; Semiconductor Equipment and Storage Sectors See Collective Surge
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BlockBeats News, July 6th, pre-market important news on the U.S. stock market:

1. SK Hynix's U.S. ADR listing received oversubscription, with the subscription scheduled to close at 4 p.m. New York time on July 8th. It plans to issue 17.9 million common shares, which will correspondingly issue 7.9 million American Depositary Shares (ADS). It is estimated that the net proceeds from this U.S. IPO will be approximately $28 billion;

2. A research firm stated that NVIDIA's next-generation flagship product - the Kyber rack-level architecture featuring the 2027 Rubin Ultra chip - will be delayed to mass production until 2028;

3. Broadcom has reached an agreement with Apple to extend their chip collaboration relationship until 2031;

4. Micron Technology has initiated the expansion project of its Hiroshima factory to increase 1γ DRAM and HBM capacity;

5. Tesla's new car sales in the UK in June increased by 42.02% year-on-year to 12,403 units;

6. Kioxia and SanDisk have commenced the production of 10th generation 3D flash memory products at their joint venture northbound Fab2;

7. Micron Technology has signed a strategic agreement with Ford to strengthen long-term storage supply and industry chain resilience;

8. The semiconductor equipment and storage sectors surged in pre-market trading, with KLAC up over 6%, and SanDisk and Western Digital both up over 5%;

9. Spot gold, silver, and crude oil markets saw a slight decline, with spot gold at $4139 per ounce, down 0.85% intraday; WTI crude oil fell by 0.62%, and Brent crude fell by 0.26%.

Источник: BlockBeats

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