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Every AI News story tagged with both AI in Business and SK Hynix — the two topics side by side, updated as new articles publish.
5 articles
SK Hynix will buy back and cancel $28.6 billion in shares, the largest such program in Korean corporate history, after its stock fell more than 50% in two months despite record AI memory demand.
Read more →SK Hynix, the top maker of AI memory chips, began trading on Nasdaq on July 10 in the largest-ever US listing by a foreign company, with shares jumping 13%.
Read more →President Lee Jae Myung unveiled a sweeping national strategy on June 29, committing at least $880 billion from Samsung, SK Hynix, and major Korean conglomerates to semiconductors, AI infrastructure, and data centers through 2035.
Read more →South Korea's leading chipmaker SK Hynix plans to raise $29.4 billion via a Nasdaq ADR offering — which would be the largest in history — to fund new AI memory production capacity.
Read more →The South Korean chipmaker behind more than half the world's HBM memory—the critical component inside AI accelerators—is seeking $29.4 billion on Nasdaq to fund four new semiconductor plants.
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