Anthropic Lines Up Investor Meetings for an October IPO
Anthropic is scheduling investor meetings ahead of a potential IPO as soon as October, a move that could take the Claude maker public before rival OpenAI.
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IBM Shares Plunge 23% After Warning of a Quarterly Earnings Miss
IBM shares sank about 23% after it warned that preliminary second-quarter results fell short, as clients diverted spending toward memory and servers ahead of price increases.
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.
South Korea Unveils $880 Billion Chip and AI Investment Drive
By
Olivia Grant
• 3 mins read
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 Files to Raise $29 Billion in Nasdaq ADR Listing
By
Samantha Reed
• 3 mins read
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.
SK Hynix Targets $14 Billion US Listing as Early as August
By
Olivia Grant
• 3 mins read
SK Hynix, Nvidia’s largest memory partner and the HBM market leader, awaits SEC clearance for an ADR listing as its stock trades at a persistent Korea discount
Chinese Chipmakers See Record Revenue on AI Demand
By
Olivia Grant
• 3 mins read
Chinese chipmakers report record revenue driven by AI demand, memory shortages, and U.S. export curbs boosting domestic semiconductor growth.
Samsung to Begin HBM4 Chip Production for Nvidia
By
Olivia Grant
• 1 min read
Samsung plans HBM4 memory chip production for Nvidia next month, targeting AI accelerator demand while competing with SK Hynix in advanced memory supply.