SK Hynix Profit Surges Sevenfold, Announces $75 Billion Shareholder Return
South Korean chipmaker SK Hynix announced plans to return approximately $75 billion to shareholders this year after reporting a more than sevenfold increase in quarterly operating profit, driven by surging demand for artificial intelligence...
Micron to Invest $10 Billion in New AI Memory Research Lab
Micron Technology said on Thursday it plans to invest $10 billion over the next decade in a newly established research laboratory in Boise, Idaho, aimed at advancing memory technologies, developing compute systems and supporting...
SK Hynix Unveils $28.6 Billion Share Buyback
SK Hynix will buy back and cancel up to 40 trillion won ($28.61 billion) in treasury shares and allocate more than 50% of its free cash flow from 2025–2027 toward shareholder returns. The move...
Micron Signs Long-Term Chip Supply Deal with Ford
Micron Technology has signed a long-term agreement with Ford Motor to supply memory and storage platforms for the automaker’s next-generation vehicles. The partnership is aimed at ensuring a stable supply of critical semiconductor components...