Hynix Isn't Selling Shares to Cash Out. It's Funding a $26.5 Billion Factory Bet.
The opportunity behind these recently raised funds is nothing less than amazing.
Overview
Given how many times most investors have seen it before, it would be easy to assume an insider or founder is just using the market's recent strength to cash in -- by getting out -- while valuations are high.
That's not the case here, though. Every penny of SK Hynix's (NASDAQ: SKHY) recent public offering is going into the company's war chest. Much of it's already earmarked, in fact, to capitalize on an opportunity that's going to continue growing for the foreseeable future. Here's what you need to know.
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Originally published at www.fool.com.
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