Micron Technology shares fell 6% on July 13 after SK Hynix posted a second-quarter profit forecast 8% below analyst consensus, driven by delayed shipments of HBM4 chips. The miss triggered a 15% singl…
Micron Technology has secured $22 billion in customer commitments, positioning itself to meet long-term AI memory demand. The company's strategic focus on high-bandwidth memory and other AI-related pr…
SK Hynix raised $26.5 billion in its Nasdaq debut, the largest-ever US listing by a foreign company, surpassing Alibaba's record. The South Korean memory chipmaker's shares closed 13% higher on their …
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…
Micron Technology reported fiscal Q3 2026 revenue of $41.5 billion, a 346% increase year-over-year, driven by surging demand for AI memory chips. The company's record profitability highlights a growin…
Apple faces rising costs as an AI-driven memory shortage reshapes hardware markets, with data centers expected to consume 70% of high-end memory supply by 2026. PC shipments fell 5% in Q2 2026 as memo…
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…
Micron Technology signed long-term supply agreements with General Motors and Ford in July 2026, part of $22 billion in commitments across 16 customer contracts. The company's automotive memory busines…
SK Hynix shares jumped nearly 13% in their Wall Street debut, marking the largest initial share sale in the U.S. by a foreign company, as surging demand for AI-powered memory chips drives the company'…
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…