South Korean chipmaker's earnings come as concerns rise over broader AI-fueled boom
SK Hynix reported record second-quarter revenue, underscoring the firm's strong demand for AI-related memory despite supply constraints and shifting customer buying patterns. The South Korean chipmaker said it is expanding long-term agreements with major cust…
SK Hynix shares have seen a significant decline recently. Concerns about market overcrowding and leverage have impacted the stock. Recent reports on Chinese progress fueled further worries about capacity. Despite expected record earnings, investors are bec…
OpenAI may be about to plant one of the world's priciest AI stakes in southern Ohio. The company is nearing a deal to lease a data center project valued at roughly $500 billion, with Nvidia in talks to provide a $250 billion financial backstop, the Wall Stree…
On July 28, Seagate Technology reported sharply higher revenue and profit for its fiscal fourth quarter, driven by continued demand from cloud data center customers and higher-capacity storage products tied to artificial intelligence infrastructure. The compa…
