3 stories for “semiconductors”
The Korean memory chipmaker reported operating profit of 83 trillion won and an 80% margin, and said its output is almost sold out through 2029. Its shares jumped 8%.
About $480 billion of market value has been wiped from Shanghai's index of chip and AI companies. State funds are stepping in to buy, and analysts are split on whether it is an opportunity or just the beginning.
The US hardware startup, valued at $4.5 billion, is buying the Caesarea-based chip company in a cash-and-stock deal. Market estimates put the deal at $150 million to $200 million, and about 40 employees will join the acquirer.
