SK Hynix pauses IPO of chip unit amid AI valuation worries
The chipmaker SK Hynix has paused the stock market listing of one of its units. The pause comes as fears about how highly AI companies are valued are growing, the headline says.
Quick glossarySK Hynix, IPO, Valuation
- SK Hynix
- A South Korean company that makes memory chips, the parts that store data in phones, computers and AI servers.
- IPO
- An IPO is a company's first sale of shares to the public on a stock market.
- Valuation
- Valuation is the estimated worth of a company, usually based on its earnings and future prospects.
Read at WSJ
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