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The Latest Breaking News from SK Hynix

SK hynix to invest over $60 billion in chip plants in South Korea, but the memory crisis still seems a long way from being over

That's $52 billion for a NAND plant and $13 billion for a chip packaging plant.

PC Gamer

South Korean shares rebound 6% but face second weekly loss

South Korean equities rebounded sharply on Friday, with the Kospi jumping nearly 6%, led by strong gains in heavyweight stocks like Samsung Electronics and SK Hynix. The recovery came after earlier losses driven by a global tech selloff and concerns that the AI-driven rally may be peaking.

The Economic Times

Non-AI Nifty suddenly beating Nasdaq, South Korea & Taiwan bourses: Is the global tech trade finally reversing?

India's Nifty is surprisingly outperforming global tech giants like Nasdaq, South Korea, and Taiwan, marking a potential reversal in the AI-driven market trend. Foreign investors are shifting away from Korean chipmakers, while India's domestic growth drivers offer a more stable outlook. This shift, fueled by concerns over AI 'malinvestment' and…

The Economic Times

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3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom

Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profits

The Guardian - AU

SK hynix to invest $712.5 billion in South Korean operations — Cheongju NAND expansion, Yongin Semiconductor Cluster for DRAM detailed

SK hynix announces major plan to spend $712.5 billion in its operations in South Korea, but the only detailed investments are spendings on a new NAND fab and a packaging facility.

Tom’s Hardware

Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2

Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decline was triggered by renewed concerns over AI chip demand, excess capacity fears, and weak U.S. tech cues, raising questions over the sustainability of the rally.

The Economic Times

South Korean Hot Stocks SK Hynix, Samsung Tumble as Semiconductor Selloff Spreads From Wall Street to Asia: ETFs You Should Watch

South Korean stocks tumbled Thursday as a broad semiconductor selloff spread from Wall Street to Asia, dragging the benchmark index, Korea Composite Stock Price Index, lower after heavy losses in SK Hynix Inc and Samsung Electronics Co.

Benzinga

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SK Hynix to spend $64 billion on chip plants under broader AI-driven investment plan

SK Hynix is investing a massive 100 trillion won ($64.38 billion) to build new chip plants, including a NAND flash memory facility, in Cheongju. This move is part of a broader South Korean initiative to distribute AI boom benefits nationwide. The company aims to boost memory chip production capacity significantly,…

The Economic Times

Global Market Today: Asian stocks fall on Korean chip selloff, oil dips

Asian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also surfaced over Apple's potential chip purchases from China, impacting major players like Samsung and SK Hynix. Meanwhile, comments from Federal Reserve Chairman Kevin Warsh eased inflation worries, suggesting no immediate…

The Economic Times

No console-flation: how the thirst for AI chips is sending games console prices soaring

AI data centres, memory scarcity and factory capacity are costing consumers –and console makers

The Guardian - UK

Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risks

South Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This ambitious expansion, backed by the government, aims to solidify South Korea's global semiconductor leadership. While current shortages drive optimism, experts warn of potential oversupply if AI spending falters,…

The Economic Times

Micron and Other Memory Makers Are Being Sued Over Price Fixing Claims. This Is Nothing More Than Headline Risk for MU Stock.

Micron Technology, along with Samsung and SK Hynix, faces a class-action lawsuit alleging collusion to fix DRAM prices by restricting production of older chips while focusing on high-bandwidth memory for AI.

Barchart

Dear Micron Stock Fans, Mark Your Calendars for July 10

SK Hynix’s U.S. market debut on July 10 could test Micron’s AI memory dominance. Can MU keep it ahead in the race?

Barchart

Did RAM suppliers fix memory prices? This lawsuit says they did — but I don’t think it will fix the RAMpocalypse

A lawsuit filed against RAM suppliers says they colluded to fix memory prices in favor of HBM for AI data centers.

TechRadar

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The Guardian - US

Rocky week for AI as shares slump but no sign of crash – yet

The markets are souring on artificial intelligence, but is this the bubble being burst? Meanwhile, California proposes a tax on billionaires

GamesRadar

Amidst a lawsuit for RAM price fixing, Micron has signed manufacturing agreements with 16 of its clients that will ensure high memory costs for another five years

Micron may have already ensured high RAM prices for another five years thanks to new agreements made with business partners, amidst a lawsuit for price fixing.

The Economic Times

World's three largest memory chipmakers sued in US over DRAM supply shift to AI memory

A class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply to prioritize AI-focused memory. Plaintiffs claim this led to price hikes for consumer electronics. However, experts are skeptical, noting the industry-wide shift to AI chips is a documented…

The Economic Times

Samsung, SK Hynix mega South Korea chips gamble tests optimism of AI cycle

South Korean tech giants Samsung and SK Hynix are investing billions in AI chip production, a move lauded by President Lee Jae Myung. While aiming to boost national capacity, analysts warn of potential oversupply risks if AI spending slows. The companies are accelerating fab construction, but much of the new…

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The Economic Times

Global Markets: S.Korean shares log best quarter in nearly 30 years on chipmaker rally

South Korean stocks celebrated their best quarter in almost three decades, driven by a phenomenal surge in chipmakers. The KOSPI index soared, with tech giants Samsung Electronics and SK Hynix posting impressive gains, fueled by a new government strategy for semiconductor and AI investments. Despite some volatility, the market's performance…

The Independent UK

Asian shares mostly higher tracking Wall Street gains and oil stabilizes

Asian shares are mostly higher tracking Wall Street gains, with South Korea's stock market, rebounding after earlier sharp losses on a tech sell-off

International Business Times

Samsung, SK Group To Unveil Investment Plan Worth Hundreds Of Billions To Boost AI And Chip Production

South Korea is accelerating investments in semiconductors and artificial intelligence as governments worldwide race to secure critical technology supply chains amid geopolitical tensions and growing competition.

PC Gamer

Memory crisis heads to court: Class-action lawsuit calls Samsung, SK Hynix, and Micron DRAM market 'oligopolists', alleging anticompetitive behavior

'No outsider can expand output to undercut them.'

Windows Central

"A distorted market crippled by the behavior of DRAM oligopolists": A new lawsuit is going after RAM makers for their alleged price and supply fixing

Samsung, SK hynix, and Micron control roughly 90% of the world's DRAM supply. A new lawsuit alleges that the oligopoly has been fixing supply and prices, leading to spiking prices across the broad tech market. Here's what you need to know.

Tom’s Hardware

South Korea unveils $520 billion investment plan with Samsung and SK Hynix to expand memory chip dominance — plan includes four new fabs and HBM facilities, amid strong government support

President Lee unveiled an 800 trillion won ($520B) public-private plan for four new Samsung and SK Hynix fabs, dwarfing the US CHIPS Act tenfold.

Tom’s Hardware

Samsung, SK hynix, and Micron sued over alleged DRAM price fixing amid record memory costs — lawsuit claims coordinated HBM shift was cover to curtail DDR3 and DDR4 production

Samsung, SK hynix, and Micron were sued on June 25th in the U.S. District Court for the Northern District of California.

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