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The Latest Breaking News from SK Group

SK hynix to double memory wafer capacity within five years, chairman says — AI-driven shortage will persist until at least 2030

SK hynix will double its memory wafer capacity within five years, SK Group chairman Chey Tae-won told reporters at Computex in Taipei on June 2nd.

Tom’s Hardware

Nvidia CEO Jensen Huang to visit South Korea: source

The chief executive of the world's most valuable company is expected to meet with companies including SK Group, Hyundai Motor Group, LG Corp and Naver, to discuss so-called "physical AI" applications such as robotics, local media including the Chosun Daily and MBC reported.

The Economic Times

'The current shortage could continue until 2030, so we expect more than a 20% shortage of the wafers': SK Group chairman issues bleak warning on RAM crisis

We've had previous forecasts that the RAM crisis will continue through to 2028 — but 2030 is upping the ante worryingly here.

TechRadar

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260,000 Reasons to Buy Nvidia Stock Now

Nvidia’s 260,000-chip deal with South Korea just gave investors another solid reason to double down on the AI chip giant.

Barchart

Ahead of a ‘Beat and Raise’ Quarter, Should You Buy Nvidia Stock?

Wall Street bets on another Nvidia blowout, but rich valuations mean even a small miss could spark a sharp pullback.

Barchart

Nvidia To Supply Over 260,000 AI Chips To South Korean Government, Samsung, Hyundai, SK Group

Nvidia Corporation (NASDAQ:NVDA) has announced a deal to supply more than 260,000 of its cutting-edge AI chips to the South Korean government and some of the country’s major corporations.

Benzinga

South Korean Pet Care Goes High-tech With AI Diagnostics

When five-year-old goldendoodle Mozzi started walking "unnaturally", his concerned owner rushed him to the vet in South Korea, where the problem was diagnosed not by humans but by AI. South Korea, a global leader in the production of chips that power generative AI, has been quick to embrace novel uses…

International Business Times

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Nvidia's business model 'may fall apart' if corporations can't make AI pay, says SK Group boss

SK Group Chairperson Chey Tae-won says that Nvidia may lose its place among the top corporations globally if AI technologies fail to guarantee profits in a couple of years. However, Nvidia's competitors pose a bigger threat if they develop chips that could perform just as well but at a lesser…

Tom’s Hardware

SK hynix plans $74.6 billion investment to strengthen its memory chip business — hopes for AI business boost

SK hynix and its parent company wants to invest billions of dollars to focus on AI and semiconductor technologies.

Tom’s Hardware

Georgia Gov. Brian Kemp journeys to South Korea in sixth overseas trip

Georgia Gov. Brian Kemp is on his way to South Korea in his sixth overseas trip as governor

The Independent UK

SK Signet Adds NACS Plug Option To All Of Its Chargers

SK Signet, one of the largest EV fast charger manufacturers, announced that the NACS charging connector option will be added to its entire line-up of chargers.

InsideEVs

South Korea divorce ruling lets SK Group chief keep shares in parent

A South Korean court ordered the chairman of No. 2 conglomerate SK Group to transfer cash of 66.5 billion won ($50.68 million) in a division of property, as part of a divorce ruling on Tuesday that kept any stock from changing hands.

Reuters

Tesla's Former Energy Product Chief Is Now A Rival Thanks To $300M Funding Round

Kunal Girotra, the former head of energy products at Tesla Inc. (NASDAQ: TSLA), has launched a new company to take on the electric vehicle manufacturer and one of its products.

Benzinga

Benzinga Before The Bell: YouTube Plans Streaming Marketplace, Drug Pricing Bill Passes Congress, Bitcoin Could Surge To All-Time High Soon And Other Top Financial Stories Monday, August 15

Reuters PlayAGS Shares Pop Premarket On Takeover Offer At 33% Premium

Benzinga

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The Independent UK

Korean firm's $22B investment will mean new US jobs, WH says

South Korea’s SK Group plans to invest $22 billion in the United States on industries including semiconductors, green energy and bioscience

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