Samsung Begins Mass Production of AI-Optimized Enterprise SSD
Samsung Electronics said Wednesday that it has started mass production of PM1763, an enterprise solid-state drive built for the storage demands of AI data centers. The drive, announced in Seoul,…
SK Hynix Closes Books on $28 Billion U.S. Share Sale
The final orders were still landing in New York as the clock ran down. Bankers running SK Hynix’s American depositary receipt sale had told investors for days that the books…
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Samsung Shares Fall Despite Better-Than-Expected Earnings SEOUL—Samsung Electronics’ preliminary second-quarter numbers beat analyst expectations, and its shares fell as much as 5% on the Korea Exchange on Tuesday. The selloff,…
Samsung Seeks 20% DRAM Price Increase for Third Straight Quarter
The buyers who assemble the world’s phones, PCs, and servers are being asked to pay more for memory again. Samsung Electronics is negotiating with customers to raise average prices for…
SK Hynix Heads for Record $29 Billion Nasdaq Listing
SEOUL — The money managers who back the world’s largest memory-chip maker are getting ready to buy a piece of it in dollars. SK Hynix will list American depositary receipts…
Samsung Poised to Post Record Profit as Memory Boom Hits Full Stride
SEOUL — When Samsung Electronics publishes preliminary second-quarter results on Tuesday, the numbers are expected to look like nothing the company has reported before. Analysts polled by the London Stock…
Micron Begins $9.3 Billion Hiroshima Fab Build for AI Memory
HIROSHIMA — The ground-breaking ceremony on July 4 drew a modest crowd: local officials, plant managers, and a delegation from Micron Technology’s headquarters in Boise, Idaho. Behind the podium, construction…
Nvidia Supplier Unimicron Seeks $1.4 Billion in Global Share Sale
TAIPEI — The company that makes the circuit boards underneath Nvidia’s most expensive chips is raising money while the window is open. Unimicron Technology, one of the main suppliers of…
Korea Unveils 312 Trillion Won Plan to Keep Advanced Industry in the Southeast
The announcement came with a number that dwarfed every industrial plan Seoul has offered in years. South Korea’s deputy prime minister and minister of economy and finance, Koo Yoon-cheol, said…
Seoul Weighs 5 Trillion Won Windfall to Fund Homegrown AI Models
South Korea’s finance ministry is tallying an unexpected windfall from the semiconductor boom, and a growing faction of officials wants to spend part of it on artificial intelligence. The government…
