Microsoft and Meta Face a Record Options Swing as AI Bills Come Due
The options market has priced a move worth about $190 billion in Microsoft’s market value for Wednesday evening, the largest single-company earnings swing on record. Reuters, citing data from Option…
Seagate Posts a Record Year as Cloud Storage Demand Keeps Building
Dave Mosley, Seagate’s chairman and chief executive, opened the call with the number that framed everything else: annual revenue up 34%. The drive maker, which has spent the past two…
SK Hynix’s Record Profit Fails to Soothe Memory-Chip Worries
The numbers released Wednesday were the best in SK Hynix’s history. The company posted sales of 79.3 trillion Korean won for the second quarter, up 50.9% from the previous quarter…
SK Hynix Denies Intel Ohio Talks Even as Korean Media Report Them
The statement was categorical: SK Hynix denied that it is in talks to acquire Intel’s semiconductor campus in Ohio, responding to an exclusive report from Korea JoongAng Daily. The denial…
Anthropic Asks Samsung and SK Hynix to Supply Custom AI Chips
The request, according to Business Today, went directly to two Korean semiconductor giants: Anthropic has submitted proposals to Samsung Electronics and SK Hynix to supply custom AI chips, known as…
Samsung’s Lee Meets Altman as AI Memory Race Tightens
The meeting was brief, and the agenda was described in the thinnest of terms: cooperation in artificial intelligence and semiconductors. But when Samsung Electronics Chairman Lee Jae-yong sat down with…
Nvidia, SK Group Forge $500 Billion AI Infrastructure Pact
The letters of intent were signed at an AI summit in San Francisco on July 24, but the groundwork took months of quiet meetings between two families of companies that…
Korea’s Costliest Divorce Nears a Ruling on SK’s Future
Judges at the Seoul High Court were expected on Friday to deliver a ruling in the divorce case of Chey Tae-won, chairman of SK Group, and his estranged wife Roh…
Intel Explores SK Hynix Partnership for Delayed Ohio Chip Plant
Intel is looking for a partner to help revive its delayed chip factory in Ohio, and SK Hynix, the world’s second-largest memory chip maker, is on the list of candidates,…
South Korea’s KOSPI Jumps 3.7% as Chip Stocks Lead a Broad Rally
South Korea’s benchmark KOSPI index surged 3.72 percent on Thursday, its sharpest single-day gain in months, led by the country’s two largest chip makers. Samsung Electronics rose nearly 4 percent…
