SK Hynix Approves $38 Billion for Two New Memory Plants, First Chips Not Until Late 2028
SK Hynix's board has approved 54.3 trillion won, about $38 billion, for two new memory plants. Neither will open its…
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Three Tech Giants Positioned to Weather a Potential AI Bubble Bust
The Shiller P/E ratio has climbed to 42, its highest level since the dot-com boom, reviving fears of an AI-driven…
5-Star Analyst Sets $1,250 Micron Price Target on AI-Driven Memory Demand
New Street analyst Pierre Ferragu upgraded Micron to Buy and set a $1,250 price target, arguing that AI demand has…
Cisco’s AI Orders Hit $9.3 Billion as Broadcom Grows Faster
Cisco's full-year AI infrastructure orders reached $9.3 billion, nearly double its original $5 billion target, after a fourth-quarter revenue beat…
Nvidia arranges $500 billion financing deal to fund AI chip sales
Nvidia has arranged a $500 billion lending program with Blackstone, BlackRock and Goldman Sachs to help customers finance chip purchases,…
