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The Latest Breaking News from SK Hynix

Chinese memory and storage firm expected to post more than 60,000% jump in profits due to exploding demand — Lexar owner Longsys forecasts nearly $1.5 billion profit for 1H26 compared to $2.1 million last year

Chinese memory and storage manufacturer Longsys expects to post a massive increase in profits due to the AI-driven chip shortage.

Tom’s Hardware

Samsung Posted 1,800% Profit Surge. But AI Spending Fears Sent Shares Tumbling Anyway

Samsung Electronics delivered one of the strongest quarters in its history, posting a more than 1,800% year-over-year jump in operating profit. However, its stock tumbled on the trading session.

International Business Times

Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AI

Global semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earnings. Investors are reassessing valuations after a strong AI-led rally, while concerns over custom chip development and future demand are making markets more selective towards AI-linked semiconductor companies.

The Economic Times

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SK Hynix—which supplies memory chips to Nvidia—is about to test Wall Street's appetite for the next wave of tech IPOs

The Korean memory giant’s nearly 8-fold stock surge and $28 billion U.S. listing will show how much AI optimism is still left in the market.

Fortune

Analysts think SK hynix's DRAM and NAND prices will finally drop by the end of 2028, but not before a huge rise over the next year

Here's hoping the expected price drop isn't just wishful thinking.

PC Gamer

Synopsys to cut chip fab manufacturing control software in shift to AI design

Synopsys plans to stop offering manufacturing process control software. This move allows the company to divert resources to higher-margin AI design offerings. Chipmakers like Samsung Electronics and SK Hynix were informed about the end-of-life decision. Affected products include automation software that monitors fabrication plant anomalies. Some chipmakers are developing their…

The Economic Times

Asian markets retreat after rebounding AI stocks send the S&P 500 to brink of a new record

Asian shares have retreated despite a rebound for AI stocks that lifted stocks on Wall Street

The Independent UK

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Samsung expects 1,800% operating profit leap on AI boom

SEOUL - South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.

Bangkok Post

Kospi plunges 8% as AI investors fear rally is overblown; trading halted for 20 mins

South Korea's Kospi index experienced a significant 8% drop, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung Electronics and SK Hynix, major index components, saw substantial declines. Other sectors like battery and shipbuilding also faced considerable losses. Foreign investors continued to…

The Economic Times

Dow Tops 53,000 as Chip Stocks Re-Take the Lead: Stock Market Today

Markets are starting to look forward to second-quarter earnings reporting season, as economic activity remains solid.

Kiplinger

SK Hynix Is Seeking To Capitalize The AI Boom Through One of The Biggest Tech Listings Ever

South Korean memory chip giant SK Hynix is taking its artificial intelligence success story directly to Wall Street, launching a massive $28.07 billion American depositary receipt (ADR) offering.

International Business Times

SK Hynix's $28 billion US IPO to test its $1 trillion AI rally. Here's how

SK Hynix has launched a US share sale targeting about $28 billion through a Nasdaq listing, capitalising on AI-driven investor demand. The proceeds will fund semiconductor expansion, while the offering tests global appetite for high-growth AI infrastructure and chip companies.

The Economic Times

SK Hynix: $29 billion stock offering going live this week will test investors’ appetite for AI stocks

Everything you need to know before you reach the office this morning.

Fortune

South Korea to funnel AI chip tax windfall into public investment, housing and jobs

South Korea plans to channel a surge in tax revenue from its booming AI chipmakers into a new state fund, backing everything from semiconductor infrastructure to housing and jobs for young people.

Euronews

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Benzinga

Stock Market Today: Dow Jones Futures Fall, S&P 500, Nasdaq Gain Following Independence Day Weekend— Intel, SanDisk, Tesla, Ford In Focus (UPDATED)

Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.

Benzinga

Micron vs. SK Hynix: Nvidia's Top AI Memory Suppliers Are Set for a Wall Street Showdown

Micron Technology Inc. (NASDAQ:MU) has long been Wall Street’s go-to AI memory stock, but that could soon change as SK Hynix prepares for what could be a record-breaking Nasdaq debut, bringing Nvidia Corp.‘s (NASDAQ:NVDA) two biggest high-bandwidth memory suppliers onto the same U.S. exchange.

The Economic Times

Global Market: Kospi slides after early surge as AI stocks face valuation pressure

Indian investors are watching as South Korean stocks reversed early gains due to concerns over high valuations in AI-linked companies. Despite this, broader Asian markets found support from falling crude oil prices. SK Hynix's upcoming US listing and Samsung Electronics' expected profit surge highlight continued AI demand, even as regional…

The Economic Times

South Korea's SK Hynix slides over 5% ahead of $29 billion Wall Street debut

South Korea's SK Hynix is poised for a massive US listing, aiming to raise around $29 billion to capitalize on booming AI demand. Despite a 5% dip on Monday, the chipmaker's shares have soared this year, driven by its crucial role in supplying AI systems. This blockbuster offering, set to…

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The Economic Times

South Korea's SK Hynix to launch $28 billion US listing to ride global AI wave

The company will sell 17.79 million new shares in the depository receipt listing ‌on the ⁠Nasdaq, ⁠making it one of the world's most valuable tech firms.

Fortune

After a nearly 800% explosion, this AI stock's U.S. debut could signal if the market can still boom—or is headed for a bust

Shares of South Korea's SK Hynix will list on the Nasdaq and are expected to start trading on Friday.

Barchart

Micron Risks Falling Out of the Trillion-Dollar Club. AMD Stock Has a Clear Path to Joining.

Micron's $1 trillion valuation is being tested as investors question how long AI memory shortages will last. AMD's broader AI business could help it reach the $1 trillion club, though both companies remain positioned for long-term growth.

Barchart

SK Hynix Stock’s Upcoming U.S. Listing Is a Sign the Memory Trade Could Soon Topple. 2 Ways to Profit from the Pain.

South Korean memory giant SK Hynix is expected to list its American Depositary Receipts (ADRs) in the U.S. under the ticker SKHY. Its debut is tentatively scheduled for Friday, July 10.

Tom’s Hardware

SK hynix, Samsung, Micron among semiconductor industry group lobbying against government intervention on domestic memory chip supply — says move would worsen situation, suggests tax deductions on consumer electronics instead

PC Gamer

SK hynix to invest over $60 billion in chip plants in South Korea, but the memory crisis still seems a long way from being over

That's $52 billion for a NAND plant and $13 billion for a chip packaging plant.

The Economic Times

South Korean shares rebound 6% but face second weekly loss

South Korean equities rebounded sharply on Friday, with the Kospi jumping nearly 6%, led by strong gains in heavyweight stocks like Samsung Electronics and SK Hynix. The recovery came after earlier losses driven by a global tech selloff and concerns that the AI-driven rally may be peaking.

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