AI Chips

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's growth. The South …

The US reclassified the UAE to Country Group A:5, effective July 10, 2026, lifting license requirements for exports of advanced AI chips, servers, and dual-use technologies. The policy shift, which builds on the US-UAE A…

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 memory chips used i…

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, driven by demand from AI…

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 appetite for AI-related …

The US reclassified the UAE to Country Group A:5, effective July 10, 2026, eliminating export licenses for advanced AI chips, military gear, and satellites. The move follows the US-UAE AI Cooperation framework and the UA…

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's insatiable appeti…

The US Department of Commerce reclassified the UAE to Country Group A:5, easing export controls on advanced AI chips from Nvidia and other defense tech. The move unlocks license-free access for approved UAE entities, sup…

ZML released LLMD, a free inference server for open large language models that runs across Nvidia CUDA, AMD ROCm, Google TPU, Intel oneAPI and Apple Metal, aiming to decouple AI workloads from proprietary hardware. The J…

PC shipments are declining as surging demand for AI applications drives up memory prices, forcing major tech companies like Dell, Apple, and Microsoft to raise laptop prices, according to Yahoo Finance Tech Editor Dan Ho…

Altera, the world's largest pure-play FPGA provider, returned to growth with roughly 20% annual revenue growth and more than doubled operating income, driven by demand for its programmable chips in AI, robotics, and edge…

AI-related free cash flow is shifting from Big Tech hyperscalers to chipmakers, according to Yahoo Finance Markets and Data Editor Jared Blikre. The trend highlights a divergence in AI investment returns, with chipmakers…

SpaceXAI launched Grok 4.5 on July 8, pricing it over 60% cheaper than Anthropic's Claude Opus 4.8 and OpenAI's GPT-5.5 at $2 per million input tokens and $6 per million output tokens. The model features a 500K token con…

Wallet in Telegram launched tokenized exposure to SK Hynix's Nasdaq listing through xStocks, allowing eligible users to buy tokenized shares of the AI chip maker. SK Hynix raised $26.5 billion in the largest U.S. IPO by …

Meta is transitioning from an ad-driven giant to a vertically integrated AI hyperscaler with its custom 'Iris' AI chip scheduled for production in September 2026 and the launch of 'Meta Compute,' a new cloud unit selling…

SK Hynix raised $26.5 billion in its U.S. listing on the Nasdaq, the largest ever by a foreign firm, to expand capacity for AI data center demand. The company's ADRs priced at $149 and rose to over $173, as memory prices…

Altera, the programmable chip maker spun out of Intel, is growing roughly 20% annually and more than doubling operating income as it prepares for an eventual public listing, CEO Raghib Hussain said. The company is positi…

The Federal Reserve warns that AI-driven demand for DRAM and NAND memory chips is pushing up core PCE inflation by 30 basis points, with May 2026 core PCE at 3.4% and headline PCE at 4.1%. Apple has raised prices on MacB…

Citi reiterated a Buy rating on Nvidia with a $300 price target after speaking with the company's investor relations team, confirming its AI product roadmap remains on track amid rumors of delays. Nvidia also plans a $20…

The U.S. Department of Commerce has relaxed export restrictions for the United Arab Emirates, allowing Apple and seven other U.S. companies to bring advanced-computing chips, servers, and controlled technology into the U…