South Korean memory chipmaker SK Hynix raised $26.5 billion in its NASDAQ debut on July 10, marking the largest US listing by a foreign company. The IPO was driven by surging demand for high-bandwidth…
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…
Goldman Sachs raised AMD's price target to $640, citing surging demand for AI chips driven by agentic AI systems. AMD stock has gained over 100% year-to-date as analysts project sold-out capacity and …
MiniMax CEO Yan Junjie pledged to forgo his salary until the company achieves artificial general intelligence, while the Chinese AI firm seeks up to $2 billion in a discounted share sale after its sto…
SK Hynix, the South Korean memory chipmaker, began trading on the Nasdaq today in the largest-ever U.S. stock listing by a foreign company, offering American depositary shares to investors. The compan…
SK Hynix raised about $26.5 billion in its Nasdaq debut, one of the largest US share sales by a foreign company, giving global investors access to the AI memory leader. The South Korean chipmaker, whi…
Memory stocks including Samsung and SK Hynix have fallen over 20% from their peaks, entering bear market territory as investors reassess AI-driven growth amid geopolitical tensions and concerns over e…
Enterprises are seeing AI token costs run 10 to 20 times higher than initial projections, echoing the early days of cloud computing. Companies are now applying cloud finops disciplines—such as real-ti…
Stan, a creator-commerce company, built its AI content product Stanley in 14 days and grew it to $3 million in annual recurring revenue, according to founder John Hu. The product, which helps creators…
SK Hynix, the South Korean memory chipmaker, is preparing a $28 billion NASDAQ listing through an ADR offering under ticker SKHY, with trading expected to begin July 10, 2026. The proceeds will fund s…
Goldman Sachs initiated coverage on Comfort Systems USA with a Buy rating and a $2,159 price target, citing the company's role in building AI data centers. The mechanical contractor's technology secto…
SK Hynix plans to price its US listing at $149 per American depositary receipt, targeting a $26.5 billion IPO that would surpass Alibaba as the largest foreign company debut on a US exchange. The Kore…
Lithuanian data infrastructure firm Oxylabs raised $130 million from Warburg Pincus at a $3.6 billion valuation, its first outside investment since 2015. The company, which provides web data gathering…
SK Hynix priced its US listing at $149 per ADR, targeting approximately $28 billion in proceeds for its Nasdaq debut, in what could be one of the largest foreign offerings ever. The South Korean memor…
SK Hynix is guiding investors to price its US listing at $149 per American depositary receipt, about 3.1% above its Korea close, according to people familiar with the matter. The offering could raise …
Hedge fund billionaire Ken Griffin, who dismissed AI as 'garbage' in January, now predicts a 'golden age of entrepreneurial activity' powered by the technology, signaling a shift in institutional capi…
Billionaire Ken Griffin told Goldman Sachs that most corporate claims about AI are actually about machine learning or digitization, not true artificial intelligence. He warned that conflating these te…
Hedge funds have net-sold U.S. information technology hardware and semiconductor stocks for four consecutive weeks, according to Goldman Sachs prime brokerage data reported by Reuters on July 6. The s…
Wall Street investors are shifting focus to multilayer ceramic capacitors (MLCCs) as the next potential bottleneck in AI server production, following a sell-off in chip and memory stocks. Goldman Sach…
OpenAI posted a job listing for an investment banking expert to help improve ChatGPT's ability to handle complex financial transactions like mergers and acquisitions, suggesting the AI could eventuall…