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SK Hynix Dismisses Intel Ohio Buyout Report: 'We Have No Plans for an Acquisition' (UPDATED)
Benzinga14d agobearish
SK Hynix Dismisses Intel Ohio Buyout Report: 'We Have No Plans for an Acquisition' (UPDATED)

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

Intel (INTC) Backer Syntiant Files For IPO In Edge AI Chips
Simply Wall St.28d agoneutral
Intel (INTC) Backer Syntiant Files For IPO In Edge AI Chips

Syntiant Corp, backed by Intel Capital, has filed for a U.S. IPO. The company focuses on semiconductor and AI software solutions for low power processing. Syntiant recently expanded by acquiring Knowles Corp's consumer MEMS microphone business. The development highlights Intel's involvement in edge AI computing and related hardware. For investors tracking Intel and NasdaqGS:INTC, Syntiant's IPO filing adds another reference point for how large chip companies participate in AI through...

Intel-Backed Syntiant, Maker of AI Chips for Earbuds and Cars, Files for IPO on Nasdaq
Benzinga29d agoneutral
Intel-Backed Syntiant, Maker of AI Chips for Earbuds and Cars, Files for IPO on Nasdaq

Syntiant Corp, an artificial intelligence software and semiconductor company, filed for a U.S. initial public offering on Monday, joining a growing list of AI companies seeking to tap public markets amid strong investor demand for the sector. Building AI Chips for Everyday Devices Founded in 2017 by semiconductor industry veterans, including CEO Kurt Busch, Syntiant develops low-power AI processors and software that enable devices to perform tasks locally rather than relying on cloud data center

Bloomberg29d agoneutral
Intel-Backed AI Chip and Software Maker Syntiant Files for IPO

(Bloomberg) -- Syntiant Corp., a company making semiconductors and software for artificial intelligence, filed for an initial public offering to tap investors’ enthusiasm for the technology. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsSaudis Slash Main Oil Price to Rare Discount as Market DivesTwo Millennium Trading Po

SpaceX  Launches Start of Acquisition Spree with Cursor After Historic IPO
24/7 Wall St.50d agoneutral
SpaceX  Launches Start of Acquisition Spree with Cursor After Historic IPO

The market has spent years viewing SpaceX (NASDAQ:SPCX) primarily as a rocket company, but that narrative no longer fits. The company’s historic IPO, which raised $85.7 billion after underwriters exercised the so-called “greenshoe” overallotment — with the stock currently valued at more than $2.7 trillion — revealed a business pursuing ambitions that stretch far beyond ... SpaceX Launches Start of Acquisition Spree with Cursor After Historic IPO

SpaceX stock gains, space companies fall, chips mixed on IPO news
Yahoo Finance Video53d agobearishVIDEO
SpaceX stock gains, space companies fall, chips mixed on IPO news

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.