Editor’s Note: This story has been updated to include a response from an Intel spokesperson. SK hynix Inc (NASDAQ:SKHY) said Tuesday it has neither pursued nor decided to acquire Intel Corp‘s (NASDAQ:INTC) Ohio semiconductor campus, denying a media report that claimed the South Korean memory chipmaker was in talks to buy the site. SK hynix Responds to Korea JoongAng Daily Report SK hynix issued the clarification in a Korea Exchange filing after Korea JoongAng Daily reported that the company was
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Yahoo Finance Senior Reporter Brooke DiPalma joins Market Domination to tackle today's top trending tickers, including the momentum driving SpaceX (SPCX) shares in Friday's session after the company's IPO, the impact it is having on other space stocks Virgin Galactic (SPCE) and Rocket Lab (RKLB), and how semiconductor stocks such as Micron Technology (MU) and Nvidia (NVDA) are moving on the historic public offering.
IPOs have a history of disappointing early investors.
The SpaceX IPO will greatly benefit one AI stock in particular.
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Bitcoin has been selling off since privately held SpaceX filed to go public on May 20.
The JPMorgan CEO is headlining the IPO roadshow.