SK Hynix, memory chip
Digest more
On Friday, semiconductor manufacturing giant SK Hynix began trading at $149 per share, raising about $26.5 billion.
Taiwan's largest memory chip maker Nanya Technology plans to quadruple capital spending in 2027 as it expects memory prices and gross margins to continue rising this year, driven by an unprecedented AI-fueled supply crunch.
SK Hynix, the world’s second-largest memory-chip maker, is coming to the NASDAQ on Friday with the largest stock sale anyone has priced in years, and the chip complex is already pricing it in. CNBC’s Kristina Partsinevelos reported Monday that “SK Hynix plans to raise roughly $28 billion through an American depositary receipts,
Zhipu AI, the Chinese AI lab behind the highly regarded GLM series of open-source AI models, is weighing designing its own AI chip as surging demand and U.S. export controls make computing resources a growing constraint,
Taiwanese chip maker MediaTek is the latest electronics firm to commit to Silicon Valley with a 111,000-square-foot lease.
With less than three hours until the opening bell on Wall Street it's tech that's continuing to hobble the market. Nasdaq 100 futures are leading declines as the chip sector reacts badly to how poorly a blowout earnings update from Samsung was received in South Korea overnight.
The war cut off roughly a third of the world’s supply of helium, but the semiconductor industry so critical to AI systems didn’t even blink.
