Tech Sector Booms on SK Hynix IPO & AI Chip Upgrades, Crypto Sees Large Flows

1. SK Hynix's US ADR listing is heavily oversubscribed, potentially raising around $28 billion, signaling strong investor confidence in the semiconductor sector.
2. Goldman Sachs significantly raised price targets for key semiconductor companies like AMD (to $640) and Western Digital (to $650), driven by soaring AI demand.
3. Major activity in the crypto market includes BlackRock transferring $1.42 billion BTC to Coinbase, while Strategy's Bitcoin holdings decreased by approximately $225.6 million.