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South Korean Memory Chip Maker’s Historic U.S. Debut Jolts Stocks
The Wall Street Journal37d agoneutral
South Korean Memory Chip Maker’s Historic U.S. Debut Jolts Stocks

SK Hynix’s historic U.S. trading debut helped investors regain their appetite for the AI trade. American depositary receipts of SK Hynix soared 13% Friday as the South Korean chip maker pulled off a $26.5 billion U.S. share sale, the largest by a foreign company in history. SK Hynix’s offering capped a volatile week for the market.

A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?
24/7 Wall St.37d agoneutral
A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

John Coogan spent Wednesday’s TBPN segment arguing that the largest AI hardware IPO no US retail investor can buy yet might also be the cheapest name in the entire complex. SK Hynix, the South Korean memory giant, is preparing what could be a $28 billion NASDAQ listing, potentially ranking among the largest ever New York ... A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

Micron now targets 40% of its DRAM output from U.S. soil
TheStreet37d agoneutral
Micron now targets 40% of its DRAM output from U.S. soil

Micron Technology Inc. (MU) said it will raise its planned U.S. investment to more than $250 billion through 2035, according to a Seeking Alpha report on the company’s Thursday, July 9, announcement. That figure is $50 billion more than the roughly $200 billion the company committed to just over a ...

Zacks37d agobearish
The AI Sell-Off That Isn't About AI

When expectations get ahead of reality, stocks tend to sell off. But that doesn't mean that the story is over. Far from it. Dave Bartosiak will help you gain the discipline to navigate volatility and maximize the extraordinary potential of AI.

Chip stocks regain some ground after whipsaw of a trading week
Yahoo Finance Video37d agoneutralVIDEO
Chip stocks regain some ground after whipsaw of a trading week

While South Korean memory chipmaker SK Hynix (000660.KS) makes its debut on US market with a fresh listing on the Nasdaq, Yahoo Finance Markets and Data Editor Jared Blikre and Senior Business Reporter Ines Ferré take a closer look at the semiconductor landscape and memory chip trade.

Western Digital (WDC) Stock Gets A Fresh AI Boost From HAMR And New Deals
Simply Wall St.37d agoneutral
Western Digital (WDC) Stock Gets A Fresh AI Boost From HAMR And New Deals

Western Digital (NasdaqGS:WDC) is benefiting from a sector-wide rally in AI and memory chip stocks, supported by easing geopolitical tensions. Fresh attention on AI infrastructure follows SK Hynix’s high-profile U.S. IPO and Micron’s large U.S. manufacturing expansion. Western Digital is pushing ahead with high-capacity HAMR drive technology and has secured multi-year commercial agreements running through 2028. Western Digital is back in the spotlight as investors refocus on the storage...