Shares of South Korean memory chipmaker SK Hynix rose nearly 13% as they made their debut on Wall Street, at a time when ...
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Computer vendors in Shenzhen are raising their prices, as the AI boom drives a fivefold jump in the cost of key memory ...
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Following a more than sevenfold rally in its stock price over the past year, South Korea's SK Hynix is listing on the Nasdaq.
The would-be AI infrastructure provider aims to solve the problem of rising memory prices in a cost-effective way.
Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.
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