SK Hynix IPO: Systemic AI Market Cap Exposure

In the upcoming weeks (~12-Jul-26), another company that is systemically important to the AI megatrend is about to IPO. The South Korean company, SK Hynix (SKHY), wants in on the 300%+ year-to-date rocket-ship performance of Micron (MU), and why shouldn’t they considering both companies command significant market cap in the same corner of the AI megatrend.