SK Hynix set to benefit as South Korea's ruling party seeks to ease capital-raising rules
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SK Hynix set to benefit as South Korea's ruling party seeks to ease capital-raising rules Reuters Mon, July 13, 2026 at 11:33 PM EDT 2 min read SKHY NVDA 402340.KS 034730.KS SEOUL, July 14 (Reuters) - South Korea's ruling party is seeking to make it easier for chipmaker SK Hynix to set up ventures to build factories with outside investors — a move that follows a government push to position the country as an AI powerhouse. Members of President Lee Jae Myung's Democratic Party of Korea have proposed amending a law pertaining to "strategic industries with cutting-edge technologies" that currently forbids a subsidiary of a subsidiary from such a move. If passed, chipmaker SK Hynix — which is a unit of SK Square which is in turn a unit of SK Inc — will be able to attract outside capital for its new fabs if it retains a stake of at least 50% in such a joint venture. The law primarily affects SK Hynix, the leading developer of high-bandwidth memory used in Nvidia's AI processors. Other major South Korean conglomerates maintain less direct control over their prized units, instead exerting control through a complicated web of cross-shareholdings. SK Hynix raised $26.5 billion last week in a high-profile U.S. share sale, but is expected to need far more funds to finance aggressive chip expansion plans. The government has outlined projects that aim to build new semiconductor production sites in the country's southwest. SK Hynix and Samsung Electronics have pledged to invest 400 trillion won ($268 billion) each. South Korea needs "fast construction of fabs to win against other major countries and companies," the lawmakers said in the draft bill, adding that companies can no longer cover such costs with traditional capital raising. The proposed amendment would also require any new venture to have its headquarters or main office outside the greater Seoul area, in line with government efforts to stimulate regional economies, the lawmakers said. SK Hynix's Seoul-listed shares were down 8.6% in Tuesday trade, extending sharp losses on Monday as euphoria surrounding its Nasdaq debut fades. (Reporting by Heejin Kim; Editing by Edwina Gibbs)
AI 시장 분석
South Korean government's move to relax capital-raising regulations for innovative strategic industries, which SK Hynix is expected to benefit from, seems to bode well for the memory chip maker.
상승 영향
- Semiconductors — As the primary memory chip maker developing high-bandwidth memory for NVIDIA's AI processors, SK Hynix is well-positioned to benefit from the government's plan to build new semiconductor production facilities.
DYAX 전담 분석
The government's move to relax the regulations is a significant positive signal for SK Hynix, which is focused on developing high-bandwidth memory used in NVIDIA's AI processors. The company is expected to benefit from the government's plan to build new semiconductor production facilities, as both Samsung and SK Hynix have pledged to invest 400 trillion KRW in the project.
This development is a boon for SK Hynix, which is well-positioned to take advantage of the government's move. The company's focus on developing high-performance memory is well-suited to the growing demand for AI processors, and its investment in the new production facility is expected to drive growth.
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