SK Hynix

SK Hynix, a key supplier to NVIDIA Corporation (NASDAQ:NVDA), has reported its first profitable quarter in five, attributing the turnaround to soaring demand for AI chips. What Happened: The South Korean memory chip manufacturer recorded a net profit of 1.92 trillion South Korean won ($1.39 billion...

Micron Technology Inc (NASDAQ:MU) is a stalwart in computer memory and storage solutions. Currently, the company is at a critical juncture as it navigates through an evolving semiconductor market. While the company touts progress in AI-driven memory chips and its bid for a substantial share of the...

It’s been a trying process, hampered by legal interference and government pushback, but Toshiba Corp has finally committed to selling its memory chip unit. The Japanese firm reportedly closed a ¥2 trillion ($18 billion) deal with an American group led by Bain Capital early Wednesday. The...

Turmoil in Japan has semiconductor stocks on the move, as Toshiba faces pressure on two fronts over the sale of its highly-prized chip business. The company failed to sell the business by Wednesday, a self-imposed deadline coinciding with its annual shareholder meeting. The Offers Toshiba had no...

Reuters reported early Tuesday morning that China's state-backed Unigroup Ltd. was preparing to bid for Micron Technology, Inc. (NASDAQ: MU). The firm, according to Reuters, will offer $23 billion – equivalent to $21 per share and a 19.3 percent premium on Micron's trading price at the time...

The popular Apple Inc. (NASDAQ: AAPL) blog 9TO5MAC commented on a recent report by Korea Times suggesting that the company is in talks with Samsung Electronics Co Ltd to supply the flash memory for next generation iPhones. Currently, Apple's flash storage is provided by Toshiba, SK Hynix and...

In a report published Monday, Bernstein analyst Mark Newman commented that following two consecutive quarters of guide-downs, shares of SanDisk Corporation (NASDAQ: SNDK) are now trading approximately 40 percent below its replacement value (fabs, royalty and cash). According to Newman, the 40...

After much anticipation and heavily speculation the Federal Reserve announced a $10 billion per month taper. Treasury purchases will be cut to $40 billion per month with MBS purchases cut to $35 billion per month. The Fed's move shouldn't come as a surprise as recent economic data and...

In 2011, Apple (NASDAQ: AAPL) became the world's largest buyer of NAND flash memory. Between the iPhone, iPad, MacBook Air and MacBook Pro with Retina Display, Apple produces several devices that use flash memory exclusively. Not even Samsung (OTC: SSNLF) -- which actually produces its own...

Apple (NASDAQ: AAPL) is pushing ahead with a plan to purchase supplies from new vendors as it attempts to sever ties with chief arch rival, Samsung. According to The Wall Street Journal, Apple has been ordering some of its memory chips from SK Hynix, a South Korea-based manufacturer of flash...