South Korean chipmaker SK Hynix's record-breaking Wall Street debut is fueling a fresh surge of interest from international companies eyeing U.S. exchanges, according to Nasdaq Inc. leadership, as the memory-chip giant's historic listing reshapes expectations for how foreign firms tap American capital markets.

SK Hynix began trading on the Nasdaq Friday under the temporary ticker SKHYV after pricing its American depositary receipts at $149 apiece, raising $26.5 billion in the largest-ever U.S. share sale by a non-American company. The offering topped Alibaba's $25 billion raise in 2014 and ranks as the third-largest U.S. listing on record, trailing only SpaceX's $85.7 billion debut last month and Saudi Aramco's $29.4 billion offering in 2019.

The stock surged in its opening session, jumping as much as 17% to around $174.50 shortly after trading opened, following earlier indications the shares could trade as much as 21% above their offering price. The company sold 177.9 million ADRs, with the securities structured so U.S. investors can buy in at roughly a tenth of the cost of a full share on SK Hynix's primary Seoul listing. Demand for the offering was strong: investors sought more than seven times the number of shares available before the deal was priced, according to Reuters.

Nasdaq Inc. President Nelson Griggs said the blockbuster listing is already spurring other international companies to weigh the U.S. market for either new initial public offerings or ADR sales, Bloomberg reported. Griggs made the remarks Friday, fresh off a trip to Europe during........

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