SK Hynix Makes Historic $26.5 Billion Nasdaq Debut, Largest Foreign U.S. Listing Ever
Oversubscribed 7x amid surging AI demand for HBM chips.
Oversubscribed 7x amid surging AI demand for HBM chips.
The company poured the first concrete at its Clay, New York site, marking the start of the largest semiconductor project in U.S. history.
Investors fear the AI rally may be peaking.
The president has also favorably mentioned Micron, Intel, AMD, Hewlett Packard Enterprise, and several other publicly traded companies since beginning his second term in the White House.
Anthropic has started developing a custom AI chip and is in early talks with Samsung. The news sparked a sell-off in Nvidia, AMD, and semiconductor stocks amid growing custom silicon trend.
Micron delivered its strongest quarter ever with revenue more than quadrupling to $41.46B. Record earnings and strong Q4 guidance send shares higher after hours.