SK Group Chairman Chey Tae-won said the planned expansion of SK Telecom's AI data center in Ulsan is nearing 900 megawatts, up from an initial 100-megawatt facility, with an announcement expected soon…
SK Group Chairman Chey Tae-won visited the SK AI Data Center Ulsan construction site on Thursday, a facility being jointly developed by SK Group and Amazon Web Services at an estimated cost of 7 trill…
SK Group Chairman Chey Tae-won will visit the site of SK Group's AI data center under construction in Ulsan, South Korea, on Friday, industry sources said Thursday. The facility is being jointly devel…
Business leaders from South Korea and Japan proposed a $6 trillion combined economic bloc centered on AI, semiconductors, and critical minerals at the 15th joint meeting of the Korea Chamber of Commer…
South Korea and Japan held their fifth Economic Security Dialogue in Tokyo on Tuesday, agreeing to deepen cooperation on artificial intelligence, semiconductors, and supply chains, according to Cheong…
South Korean President Lee Jae Myung is arranging separate meetings with Hyundai Motor Group Executive Chair Chung Euisun and Samsung Electronics Chairman Lee Jae-yong this week to advance his three f…
South Korean President Lee Jae Myung is likely to meet Samsung Electronics Chairman Lee Jae-yong this week to discuss the country's three mega projects centered on semiconductors and artificial intell…
SK Hynix, the South Korean memory chipmaker, is considering building a chip plant in Japan's Miyagi prefecture with an investment of tens of trillions of won, according to a Hankyoreh report citing in…
President Lee Jae Myung met with SK Group Chairman Chey Tae-won over dinner on Thursday, with the two presumed to have discussed South Korea's three mega projects centered on semiconductors and artifi…
SK hynix announced Wednesday it will buy back and cancel 40 trillion won ($28 billion) of its own shares, the largest such cancellation by a listed South Korean company, and raised its shareholder ret…
Micron launched a $250 million fund to invest in AI startups that buy its memory chips, aiming to gain early insight into future demand for DRAM, HBM, and NAND. The move follows Micron Ventures' earli…
SK Group Chair Chey Tae-won and TerraPower Chair Bill Gates met Friday in Seoul to discuss next-generation nuclear power and energy demand from AI data centers, expanding their relationship beyond inv…
SK hynix will break ground on Aug. 27 on its $3.87 billion advanced chip packaging plant in West Lafayette, Indiana, for high-bandwidth memory used in AI processors. The South Korean memory maker, whi…
SK hynix will hold a groundbreaking ceremony for its $3.87 billion semiconductor packaging plant in West Lafayette, Indiana, on Aug. 27, according to industry sources. The facility will produce high b…
SK Hynix reported a record second-quarter operating profit of 60.54 trillion won, up 557% year-over-year, with revenue of 79.32 trillion won and an operating margin of about 76%, yet its stock sold of…
SK Group Chairman Chey Tae-won bought 4.9 billion won ($3.41 million) in SK hynix shares on Thursday, his first purchase, signaling confidence after the stock fell from an all-time high of 2.987 milli…
South Korea's Kospi index surged as much as 14% on Friday, its biggest gain on record, rebounding from a 17% three-day slump as renewed AI trade optimism boosted chipmakers. SK Hynix Inc. jumped up to…
SK Group Chairman Chey Tae-won said Anthropic asked SK to supply materials for making its own AI chips, according to a Bloomberg report. The request signals Anthropic's push to reduce reliance on Nvid…
South Korean conglomerates and global tech firms, including Nvidia Corp., agreed Friday on cooperation projects worth $950 billion, presidential chief of staff for policy Kim Yong-beom said. SK Group …
SK Group and NVIDIA announced a $500-billion-plus comprehensive partnership to build AI infrastructure, including a 2-gigawatt NVIDIA Vera Rubin DSX AI Factory by SK Telecom and a long-term AI memory …