SK Group Chairman Chey Tae-won confirmed that Anthropic, the AI company behind Claude, is building its own computing power rather than relying entirely on third-party providers, signaling a deeper AI …
A South Korean appeals court ordered SK Group chairman Chey Tae-won to pay his ex-wife Roh Soh-yeong approximately $645 million in cash on Friday, ending the decade-long 'divorce of the century' legal…
A South Korean appellate court on July 24 ordered SK Group Chairman Chey Tae-won to pay his former wife Roh Soh-yeong approximately 944 billion won ($640 million) in their divorce settlement, a reduct…
South Korean President Jae Myung Lee and business leaders met with NVIDIA and ecosystem partners at the AI Summit in San Francisco to advance Korea's AI infrastructure and expertise. NVIDIA and KAIST …
SK Hynix reports second-quarter earnings on July 29, with Korea Investment & Securities forecasting revenue of 80.9 trillion won and operating profit of 60.4 trillion won, as the AI memory supercycle …
SK Group Chairman Chey Tae-won warned that demand for AI memory chips, specifically high-bandwidth memory (HBM), is exceeding supply by 60% to 100%, and governments are beginning to treat memory acces…
SK Group Chairman Chey Tae-won called current semiconductor prices 'abnormally high' and warned of 'chipflation' at the Korea Chamber of Commerce and Industry Summer Forum on July 15, urging supply in…
SK Group Chairman Chey Tae-won warned that the global shortage of AI memory chips is severe enough to trigger government intervention, with foreign governments already treating memory access as a matt…
SK Group Chairman Chey Tae-won told SK hynix investors to hold onto their shares, expressing confidence in long-term growth as AI drives memory chip demand. Speaking at a Korea Chamber of Commerce for…
SK Hynix's American depositary receipts raised $26.5 billion in the second-biggest share sale in Wall Street history on July 10, but the stock has since swung wildly, with a 13% debut gain followed by…
South Korea's top business leaders gathered Wednesday at the 49th Jeju Forum on Jeju Island to explore AI-driven growth, with Korea Chamber of Commerce and Industry Chairman Chey Tae-won, who also hea…
SK Hynix shares fell over 9% on the second day of US trading after the South Korean memory chip giant raised $26.5 billion in the largest-ever US listing by a foreign company, pricing 177.9 million AD…
Samsung Electronics, SK hynix, and Micron Technology are racing to expand production capacity as AI infrastructure demand outstrips supply, with combined industry investment expected to reach about 20…
SK Hynix debuted on the Nasdaq with a $26.5 billion share sale, the second-largest in U.S. history, as shares rose 12.8% on the first day. The listing gives U.S. investors direct access to the leading…
SK Hynix CEO Chey Tae-won said the AI-driven memory chip shortage will last at least until 2030, as the company raised $26.5 billion in its US listing to fund capacity expansion. The South Korean chip…
SK Group Chairman Chey Tae-won called SK hynix's Nasdaq debut a 'historical moment' and 'dream come true,' and expects the conglomerate to invest tens of billions of dollars in AI, including data cent…
SK Hynix raised $26.5 billion in the largest foreign listing on Wall Street, with shares jumping 13% on Nasdaq debut. Chairman Chey Tae-won said the memory chip shortage will persist beyond 2030, driv…
SK Hynix, the trillion-dollar South Korean chipmaker, debuted on the Nasdaq at $170 a share on Friday, with its American depositary receipts rising nearly 20% to $18.61, signaling strong investor appe…
SK Hynix CEO Kwak Noh-jung warned on July 10 that the global memory chip industry will face its worst-ever supply shortage starting in 2027, with demand outpacing supply until after 2030, driven by AI…
SK Hynix CEO Kwak Noh-Jung warned that global memory chip shortages will persist beyond 2030, with supply trailing demand by over 20%, driven by surging AI workloads and high-bandwidth memory demand. …