China's CXMT, formerly ChangXin Memory Technologies, reached a market value of $540.5 billion on Friday, making it the world's 24th-most-valuable company and just behind Intel at $552.6 billion, accor…
Taiwan's largest DRAM maker Nanya Technology plans to quadruple its 2027 capital expenditure to over NT$200 billion ($6.2 billion) from its 2026 budget of more than NT$50 billion, betting on AI-driven…
Micron Ventures, the corporate venture capital arm of Micron Technology, is operating a $300 million fund focused on early-stage deep tech startups in AI, machine learning, and sustainable computing i…
Samsung Electronics Co. has sold out its entire 2026 supply of HBM4 memory chips, with customer demand concentrated on the product, according to Chief Financial Officer Park Soon-cheol on the company'…
Amazon DynamoDB now supports real-time vector search at any scale, allowing users to store vector embeddings alongside operational data and run similarity searches with single-digit millisecond latenc…
Amazon DynamoDB now supports real-time vector search at any scale, enabling users to store vector embeddings alongside operational data and run similarity searches with single-digit millisecond latenc…
The High Bandwidth Flash consortium, led by Sandisk and SK Hynix with members including Google and Tenstorrent, released its first technical specification for a new NAND-based memory standard targetin…
SanDisk, newly independent from Western Digital as of February 2025, forecasts that KV cache will drive 35% of AI data center NAND flash workloads by 2030, presenting the projection at the Future of M…
Intel CEO Lip-Bu Tan hinted at a potential return to the memory chip business, 41 years after the company exited DRAM, citing AI-driven demand that is expected to keep memory supply sold out through 2…
SK Hynix has committed $720 billion to build South Korea's largest memory factory network, with the board approving an initial 54 trillion won ($38 billion) tranche on August 7 for the Yongin Y2 DRAM/…
A Bank of America global fund manager survey on July 14 found 43% of respondents believed AI shares were in a bubble, while 48% said they were not, highlighting uncertainty over the AI investment boom…
SK Hynix, the leading maker of high-bandwidth memory, is investing $720 billion in memory factories to meet AI demand, according to an exclusive CNBC report. The buildout is transforming South Korea's…
Global shares mostly rose on Thursday, led by gains in AI-related stocks, with South Korea's Kospi jumping 3.6% and Japan's Nikkei 225 advancing 1.2%, after several AI companies reported better-than-e…
South Korea's Kospi index surged as much as 4.8% on Thursday, extending its gain from a July 30 low to about 22% and putting it on track for a technical bull market, driven by a global rebound in AI t…
Hyperscale cloud providers, including Amazon Web Services, Meta, and Microsoft, are leveraging their financial muscle to secure scarce enterprise hardware, potentially cornering the market and forcing…
SK Hynix is expanding production at its Solidigm Dalian site in China, with construction of Plant 2 completed in the first half of 2026 and equipment installation starting in November, targeting NAND …
South Korean chipmakers Samsung Electronics and SK Hynix shares rallied more than 8% after a local media report that Singapore's Temasek plans to invest directly in the two firms, boosting optimism af…
Asian stocks rose on Wednesday, led by technology shares, as strong earnings from AI-related companies lured investors back into the trade; the Kospi Index rallied 4.6% with Samsung Electronics and SK…
SK Hynix is considering selling its packaging plant in Chongqing, China, as part of a strategic pivot toward high-margin AI memory products, with reports valuing the facility at around US$3 billion. T…
Nvidia Corp. CEO Jensen Huang announced that six major investment firms, including BlackRock Inc. and Goldman Sachs Group Inc., are lining up more than $500 billion to help fund the AI build-out, a mo…