Fortrade has added SK Hynix to its trading platform, enabling clients to trade the South Korean memory chipmaker as a share CFD. The addition follows the company’s recent Nasdaq debut, which raised approximately $26.5 billion in one of the largest foreign listings in US market history.

The South Korean firm priced its American Depositary Receipts at $149 each in July. The offering was reported to be oversubscribed by roughly seven times. Shares now trade on the Nasdaq Global Select Market under the ticker SKHY, providing a US listing alongside its existing presence on the Korea Exchange.

AI Infrastructure Demand

Chris Warburton, CEO of Fortrade, stated that the instrument addition reflects sustained client interest in the artificial intelligence supply chain. He noted that SK Hynix sits at the center of the infrastructure powering the AI buildout.

"Adding it to our platform means clients can access that story directly, alongside the broader range of technology names we already offer," Warburton said.

SK Hynix holds a 56.4% share of the global market for high-bandwidth memory (HBM), according to its regulatory filings. These specialized chips are critical for powering AI accelerators. The company is a primary memory supplier to Nvidia’s AI hardware and has expanded this relationship through a multi-year technology partnership focused on next-generation memory for AI data centers.

What the Numbers Show

SK Hynix commands more than half of the global high-bandwidth memory market with a 56.4% share. This dominant position in a niche but critical component for AI accelerators underpins the rationale for its inclusion as a tradable CFD instrument, linking market share leadership directly to investor accessibility.

Platform Access and Risk

Warburton emphasized that instrument additions are guided by where client interest is concentrated. He identified AI memory as one of the most consistent areas of demand this year. Making SK Hynix available as a CFD allows traders to respond to developments in the sector using their existing portfolio platforms.

Fortrade provides access to SK Hynix alongside its existing range of technology and AI-related instruments via its proprietary Fortrader platform and MetaTrader 4. The company operates through multiple regulated entities worldwide, including one authorized by the UK Financial Conduct Authority.

As with all leveraged products, trading share CFDs carries a high level of risk. Clients are advised to ensure they understand this risk before opening a position.

CNBC host Jim Cramer sharply criticized the global AI data center supply chain's heavy reliance on South Korean chipmakers SK Hynix Inc. (NASDAQ: SKHY) and Samsung Electronics, arguing that their share prices are increasingly dictated by margin-trading retail investors. In a series of social media posts on August 19, 2026, Cramer expressed concern over how individual traders borrowing money hold outsized sway over companies powering AI infrastructure, warning that institutional investors are being sidelined.

"It's awful that so much of the data center depends on SK and Samsung and those stocks are controlled by retail traders borrowing money," Cramer posted on X. "You end up with a market decided by them, not us…"

Capital Allocation Response

Cramer's critique arrived as SK Hynix unveiled a regulatory filing to buy back and cancel 40 trillion won, or $29 billion, worth of its treasury shares to bolster market confidence. Reacting to the aggressive capital allocation, Cramer described it as an "SK Hynix with monster buyback…" but noted he would "need to see if sellers are appeased" following recent market turbulence.

The key Nvidia Corp. (NASDAQ: NVDA) supplier's U.S.-listed ADR jumped nearly 6% in premarket trading, recovering from a 9.2% selloff in the previous session. Its primary South Korean listing also fell 9.75% in Seoul trading on Wednesday. The stock recovered 7% in after-hours trading, according to The Chosun Daily.

Beyond the immediate repurchase plan running through November, SK Hynix committed to allocating over 50% of its free cash flow generated between 2025 and 2027 toward shareholder returns.

Sector Comparisons

Addressing broader volatility across the memory chip landscape, Cramer identified Micron Technology Inc. (NASDAQ: MU) as the primary domestic reference point for SK Hynix's current trading action.

"The best analogue to SK Hynix here is Micron, which was down huge yesterday," Cramer noted, adding that he was visiting the company's headquarters in Boise.

SK Hynix joins memory peers SanDisk Corp. (NASDAQ: ANDK) and Western Digital Corp. (NASDAQ: WDC) in turning to share repurchases to calm investors worried about AI demand.

What the Numbers Show

The divergence between SK Hynix's U.S. and Korean listings highlights distinct market dynamics. While the U.S.-listed ADR shares were 8.46% lower since its July listing, the Korean shares were up 130.41% year-to-date. This disparity underscores the localized pressure on the domestic listing despite the recent premarket recovery in the ADRs.

Benzinga's Edge Stock Rankings indicate that SKHY maintains a strong price trend in the short, long, and medium terms, with a good growth score.