South Korea's SK Hynix KRX:000660 said on Monday that Baillie Gifford Overseas Limited, investment funds managed by Coatue Management and Situational Awareness Partners have each separately indicated interest in purchasing up to a combined $7 billion of its U.S. depository receipts (ADRs).

Nvidia supplier SK Hynix launched a U.S. share sale to raise 43 trillion won ($28.07 billion), the company said in a regulatory filing.