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's American depositary receipts surged 17% above the offering price after the company raised $26.5 billion in the largest U.S. listing by a foreign firm, signaling strong AI-driven demand. The…
SK hynix opened its Nasdaq listing with a record $26.5 billion share offering, marking the largest US share sale by a foreign company. CEO Kwak Noh-jung said the listing brings the chipmaker closer to…
SK Hynix, a leading memory chip maker, launched its U.S. stock market debut with a $26.5 billion ADR offering on the Nasdaq, the largest-ever U.S. IPO by a foreign company, as demand for its high band…
South Korean chip giant SK Hynix raised $26.5bn in a record-breaking US IPO, the largest-ever debut by a foreign firm in the US, surpassing Alibaba's 2014 listing. The offering was more than seven tim…
Micron Technology reported a data center gross margin of 87% in its fiscal third quarter of 2026, driven by AI demand for high-bandwidth memory. The company's Compute and Data Center Business Unit gen…
SK Hynix, a leading supplier of high-bandwidth memory crucial to AI systems, begins trading on Nasdaq via American depositary receipts under ticker SKHY. The listing gives investors a new way to buy s…
SK Hynix launched a massive US share offering on Nasdaq targeting up to $29.4 billion, one of the largest foreign share sales in history, to fund new chip fabrication facilities and EUV lithography sc…
The Nasdaq Composite surged roughly 1.1% on July 9, erasing July losses as semiconductor stocks like Micron, Nvidia, and Broadcom rebounded after a brutal profit-taking period. The recovery was fueled…
Micron Technology's stock surged 15% after reporting $41.46 billion in Q3 FY2026 revenue, driven by AI demand for memory chips. The company announced a $200 billion domestic manufacturing plan, includ…
Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, up from $9.3 billion a year earlier, and guided Q4 revenue to approximately $50 billion, sending shares up 15% and pushing its mark…
Micron Technology announced it is accelerating U.S. fab investments to over $250 billion through 2035, driven by AI demand for memory, and poured first concrete at its New York fab ahead of schedule.…
Micron Technology, Sandisk, and Marvell stocks jumped on Thursday, leading a broader chip sector rally driven by AI memory demand. The gains followed reports that SK Hynix's US IPO is oversubscribed, …
Micron Technology committed $200 billion to US memory chip manufacturing and R&D through 2035, a $30 billion increase from prior pledges, aiming to produce 40% of its DRAM domestically. The expansion,…
Micron Technology stock surged nearly 200% in 2026, driven by soaring demand for AI memory chips and the launch of tokenized versions of its stock on Ethereum and Solana. UBS analyst Timothy Arcuri ra…
Micron Technology will invest up to $3 billion in its Manassas, Virginia facility to produce advanced DRAM and high-bandwidth memory chips for AI data centers and crypto mining. The expansion, backed …
Global memory chip sales hit a record $74.6 billion in July 2026, driven by surging AI demand for high-bandwidth memory, according to UBS. DRAM sales rose 27.7% to $48 billion, while NAND flash jumped…
SK Hynix is listing on the Nasdaq through a roughly $28 billion ADR offering, making it the second-largest equity offering in history after SpaceX's IPO. The memory chipmaker, a dominant supplier of h…
ChangXin Memory Technologies (CXMT), China's top DRAM maker, set a subscription date for its Shanghai IPO expected to raise at least 29.5 billion yuan (US$4.3 billion), making it the second-largest on…
Oil prices surged over 2% after the U.S. launched strikes on Iran, while Asian shares were mixed. Brent crude rose to $76.09 a barrel and U.S. benchmark crude to $72.25. Markets remain volatile amid A…