Woofun AI reports that SK Hynix is scheduled to issue American Depositary Receipts on the Nasdaq on July 10, with the offering targeting nearly $30 billion in capital. This transaction positions itself as one of the largest ADR issuances in history, intended to significantly expand the company's global investor base. Multiple asset management firms project a potential 30% stock price increase over the next year if SK Hynix's valuation converges with that of Micron. One fund manager emphasized that SK Hynix should trade at a valuation comparable to Micron, citing persistent supply-demand imbalances in the memory chip sector. The listing occurs during a significant industry upcycle, with shares of Micron, SK Hynix, and Samsung Electronics each rising over 200% this year. Demand for High Bandwidth Memory (HBM) from AI servers is identified as the primary driver of this structural 'memory super cycle.'