SK Hynix Raises $26.5 Billion in Largest Foreign US Listing
SK Hynix raised $26.5 billion in its Nasdaq debut, the largest US listing ever by a foreign company, as investors rushed to buy into the AI memory chip boom.
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SK Hynix raised $26.5 billion in its Nasdaq debut, the largest US listing ever by a foreign company, as investors rushed to buy into the AI memory chip boom.
South Korea announced about $880 billion in planned investment to expand chipmaking, AI data centers and robotics, aiming to double memory output and revive regions outside Seoul.
SK Hynix filed to raise about $29 billion through a Nasdaq ADR listing set for July 10, roughly double earlier estimates, to fund its AI memory expansion.
More than 45,000 Samsung workers are threatening an 18-day strike over bonus disparities tied to the AI chip boom. The dispute risks disrupting global semiconductor supply chains and deepening tensions inside Samsung’s chip business.
Intel stock surges to record as Apple explores U.S. chip production, highlighting AI-driven demand and renewed momentum in the semiconductor sector.
Xiaomi plans to release a new smartphone processor each year and launch an AI assistant for international markets as it expands its chip design and AI ecosystem.
Samsung introduces the Galaxy S26, S26+ and S26 Ultra, featuring advanced Galaxy AI, a new Privacy Display, and upgraded performance powered by Snapdragon 8 Elite Gen 5 for Galaxy.
Apple is developing multiple AI-powered wearable devices, including smart glasses, an AI pendant, and camera-enabled AirPods, according to a new report from Bloomberg.
ByteDance is developing an in-house AI inference chip and is in talks with Samsung for manufacturing and memory supply. The effort aims to reduce reliance on foreign chip providers amid tighter U.S. export controls.
Apple confronts rising memory chip prices as iPhone demand surges, weighing whether to raise prices or absorb costs, a choice that could reshape the global smartphone market.
Samsung plans HBM4 memory chip production for Nvidia next month, targeting AI accelerator demand while competing with SK Hynix in advanced memory supply.
Skild AI raised nearly $1.4 billion to advance a unified foundation model designed to control multiple types of robots. The funding values the company at more than $14 billion.
Meta and EssilorLuxottica are discussing plans to potentially double production capacity for AI-powered smart glasses to meet rising demand. The move would strengthen Meta’s push into AI-driven hardware.
Smart Analytics Global forecasts the AI smart glasses market will quadruple in 2026, driven by Ray-Ban Meta and anticipated entries from Apple and Samsung, with revenue hitting $5.6 billion.
Samsung unveiled its “Companion to AI Living” vision at CES 2026, highlighting AI-powered TVs, appliances, and health devices designed to enhance daily life through connected experiences.