SK Hynix

SK Hynix fell more than 10% amid a broader sell-off in Asian technology stocks driven by renewed fears of further Federal Reserve rate hikes and concerns about financing large AI infrastructure projects. Investors worried higher borrowing costs could curb the massive capital spending needed for AI buildouts, pressuring chipmakers. The decline echoed losses on Wall Street after hotter-than-expected U.S. inflation data raised rate-hike risks. » Más en cnbc.com

SK Hynix shares fell more than 8% as a sell-off in U.S. semiconductor names spilled into Asia, driven by concerns over AI financing and intensifying competition. Samsung Electronics and SoftBank also slid, while Japanese chipmakers and equipment suppliers posted sharp declines. Investors are cautious ahead of corporate earnings and U.S. inflation data, and noted competition from China's CXMT as a pressure on memory makers. » Más en cnbc.com

SK Hynix and Intel are reportedly holding early talks about joint memory chip production in the US. Options under discussion include SK Hynix leasing Intel’s production facilities in Ohio or forming a joint venture with Intel and major cloud providers. No investment amount, production volume, timeline or chip types have been agreed so far; shares of both companies rose about three percent in premarket trading. » Más en deraktionaer.de