10:54:37 EDT Mon 13 Jul 2026
Enter Symbol
or Name
USA
CA



Micron CDR (CAD Hedged)
Symbol MU
Shares Issued 24,200,000
Close 2026-07-10 C$ 43.08
Market Cap C$ 1,042,536,000
Recent Sedar+ Documents

Globe says Micron, SK Hynix up 240%, 230% this year

2026-07-13 08:14 ET - In the News

The Globe and Mail reports in its Saturday edition that Canadian investors can now invest in artificial intelligence data centre hardware, following SK Hynix's debut on the Nasdaq on Friday. The Globe's Andrew Galbraith writes that SK Hynix's American Depositary Receipts surged nearly 13 per cent on their first trading day following a record $26.5-billion (U.S.) share sale, the largest by a foreign firm in the U.S. Each ADR represents 10 common shares. While experts said the listing was likely a net positive for North American markets, they cautioned that Canadian investors shouldn't expect a smooth ride. Even those who have tried to diversify their portfolios could face risks. Tacita Capital's Garnet Anderson says, "There are going be some tears along the way because there's just too much capital at play for it all to be winning capital." Even following the recent slump, SK Hynix's Korean shares are up more than 230 per cent this year alone and U.S. chip manufacturer Micron Technology has risen around 240 per cent in the same time. Verecan Capital's Josh Sheluk says elevated expectations and what he called "insatiable" hype around companies like SK Hynix were "usually a recipe for disappointment as an investor."

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