SK Hynix’s Record Profit Misses Investors’ Lofty AI Expectations
(Bloomberg) — SK Hynix Inc.’s (SKHY) quarterly profit rose a smaller-than expected 557%, adding to heightened fears that…
SpaceX Reveals It’s Really an AI Company — and That Changes Everything for Investors
Quick Read SpaceX’s S-1 rebrands it as an AI infrastructure company, with Starlink’s $4.4 billion operating profit subsidizing…
Here Are 7 Important Things Investors Learned from SpaceX’s S-1 Filing
SpaceX, the aerospace and artificial intelligence (AI) company founded by Elon Musk, recently filed its S-1 prospectus ahead…
Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power
SAN FRANCISCO, May 20 (Reuters) – Anthropic is closing in on its first quarterly operating profit, a person…
Kioxia Shares Hit New High After AI Fuels Huge Profit Increase
(Bloomberg) — Kioxia Holdings Corp.’s shares rose 16% to a new high on Monday, as buy orders flooded…
Memory maker Kioxia sees $8.2 billion Q1 profit on AI boom
TOKYO, May 15 (Reuters) – Japanese memory chipmaker Kioxia said on Friday it expected operating profit for the…
AI boom lifts Nokia sales, shares hit 16-year high after earnings beat
By Gianluca Lo Nostro and Agnieszka Olenska April 23 (Reuters) – Nokia raised the growth targets for its…
Chip giant SK hynix posts record quarterly profit on AI boom
Revenue surpassed 50 trillion won for the first time in a single quarter, while operating profit nearly doubled…
Nvidia supplier SK Hynix’s Q1 profit rises five-fold to a record high on AI boom
By Heekyong Yang and Joyce Lee SEOUL, April 23 (Reuters) – South Korea’s SK Hynix posted a more…
Samsung Beats High Estimates After AI Chip Sales Defy War Fears
(Bloomberg) — Samsung Electronics Co. earned a far stronger-than-expected eight-fold leap in quarterly profit, underscoring robust demand for…
Samsung’s Chip Profit Soars After AI Fuels Demand for Memory
(Bloomberg) — Samsung Electronics Co.’s semiconductor arm reported a bigger-than-expected 80% surge in profit, suggesting global AI demand…