SK Hynix Inc
Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom
Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images South Korea’s SK Hynix on Wednesday confirmed that it is weighing a U.S. listing as the memory chipmaker’s valuation soars on global demand for artificial intelligence hardware. The company at the center of the AI […]
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Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally
SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent and hopes of a Fed rate cut. Optimism about Alphabet’s […]
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Asian chip names rally as Nvidia forecasts hotter-than-expected sales after earnings beat
A 300mm wafer on display at the booth of Taiwan Semiconductor Manufacturing Company during the 2023 World Semiconductor Conference at Nanjing International Expo Center on July 19, 2023, in Nanjing, China. Vcg | Visual China Group | Getty Images Asian chip stocks rallied in early trading Thursday after American AI chip darling Nvidia beat Wall […]
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AI is contributing to a memory chip shortage that could hit phones and cars, analysts warn
A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images Chipmakers and analysts are warning of a memory chip shortage that could hit the consumer electronics and automotive industries next year, as companies prioritize massive demand from the artificial intelligence boom. In […]
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CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI
OpenAI CEO Sam Altman (L) shakes hands with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington, U.S., on May 21, 2024. Jason Redmond | Afp | Getty Images Investors can’t get enough of artificial intelligence, despite […]
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CNBC Daily Open: It’s a boom, it’s a bubble, it’s still not enough for investors: It’s AI
OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images Investors can’t get enough of artificial intelligence, despite worries over the sector’s excessively high […]
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Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high on AI-fueled memory demand
A man walks past a logo of SK Hynix at the lobby of the company’s Bundang office in Seongnam on January 29, 2021. Jung Yeon-Je | AFP | Getty Images South Korea’s SK Hynix, one of the world’s largest memory chipmakers, on Wednesday posted record quarterly revenue and profit, boosted by a strong demand for […]
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Trump administration in damage-control mode after Hyundai immigration raid sparks investment concerns
A protest banner depicting U.S. President Donald Trump at Incheon International Airport in South Korea, on September 12, 2025, after the touchdown of a plane holding hundreds of South Korean workers who were detained as part of a U.S. immigration raid at a Hyundai-LG plant in Georgia. Anthony Wallace | Afp | Getty Images The […]
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Samsung backs South Korean AI chip startup Rebellions ahead of IPO
The Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel AI chips. Rebellions, a South Korean firm, is looking to rival companies like Nvidia in AI chips. Rebellions South Korean artificial intelligence chip startup Rebellions has raised money from tech giant Samsung and is targeting a funding round of up […]
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Samsung Electronics signs $16.5 billion chip-supply contract; shares rise
Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors, a regulatory filing showed Monday. Samsung shares were up more than 2% in early trading. The South […]
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