Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
SK Hynix Lands on Nasdaq: What the $26.5B ADR Debut Means for AI Chip Investors
SK Hynix, the South Korean memory-chip maker, began trading on the Nasdaq on Friday via American depositary receipts. The $26.5 billion offe
SK Hynix's $26.5B US Debut Opens 14% Higher, Putting AI Chips Back in Focus
SK Hynix's US stock debut opened 14% above its offering price, drawing $26.5 billion in demand. The move gives US investors easier access to
SK Hynix's $26.5B Nasdaq Debut Fuels AI Rally Despite Oil Jitters
SK Hynix's $26.5 billion Nasdaq debut boosted AI optimism, helping markets shrug off geopolitical risks and higher oil prices. The chipmaker
Rackspace Targets Enterprise AI Growth with AMD-Backed GPU Buildout
Rackspace Technology is investing in a new GPU buildout backed by AMD and fresh financing. RBC Capital Markets projects enterprise AI revenu
SpaceX's AI Revenue Could Hit $28 Billion a Year From Data Centers, Not Space
SpaceX's AI ambitions may sound space-focused, but analysts see near-term money in ground-based data centers. Colossus compute deals could t
SK Hynix's Nasdaq Debut Gets Options Listing Two Days After Start
Cboe Global Markets plans to list options on SK Hynix's new US shares just two business days after the chipmaker's Nasdaq debut. The move gi
SpaceX Stock Still Above IPO Price, But Near-Term Catalysts Fade
SpaceX stock is still trading above its $135 IPO price, but the biggest near-term catalysts are behind it. Index-fund buying and analyst upg
SK Hynix's $26.5B Nasdaq Debut Puts AI Chip Sentiment to the Test
Wall Street is watching SK Hynix's $26.5 billion Nasdaq debut, the largest chip IPO in years. The listing could set the tone for AI-related
SK Hynix's $26.5 Billion Nasdaq Debut Draws Massive Investor Demand
SK Hynix's US stock debut raised $26.5 billion, with demand seven times the shares on offer. The strong reception came even as US futures we
SK Hynix's $26.5B Nasdaq Debut Rewards a Decade-Long Bet on AI Memory Chips
SK Group chairman Chey Tae-won rings the bell for SK Hynix's Nasdaq listing on Friday, a $26.5 billion payoff for a decade-long gamble on hi
SK Hynix Nasdaq Debut Tests AI Chip Rally as $26.5B ADR Sale Sees Heavy Demand
SK Hynix's Nasdaq debut puts the AI chip rally to the test after a $26.5 billion ADR sale. The deal was oversubscribed more than seven times
SK Hynix IPO Allocations Fall Short for Some Big Investors Despite Heavy Demand
Some anchor investors in SK Hynix's $26.5 billion Nasdaq IPO received fewer American depositary receipts than they wanted, missing out on ab