Bond.az White LogoBond.az Black Logo

SK Hynix joins $1 trillion club on AI chip boom

SK Hynix joins $1 trillion club with Samsung and Micron, driven by AI chip demand.

Daniel Rodriguez
ByDaniel Rodriguez- Senior Editor
|
0

SK Hynix topped $1 trillion in market value for the first time, joining Samsung and Micron on an AI-driven rally.

Shares jumped 14.9% to a record high, boosting South Korea's KOSPI index.

Demand for high-end memory chips used in AI is tightening supply and driving up prices.

More News
Today / 04:04
|
321

BlackRock Backs Large-Scale Mining M&A

BlackRock supports large-scale mining M&A as it attracts generalist investors and enables complex projects.

0
Today / 01:34
|
964

US Kills One in Eastern Pacific Strike

U.S. military strike in Eastern Pacific kills one, two survivors rescued. Read more on Bond.az.

0
Today / 01:01
|
495

Good News for Entrepreneurs: Minister Reveals

Finance Minister Sahil Babayev reveals important updates for entrepreneurs: geopolitical challenges, non-oil exports, and support measures.

0
Yesterday / 21:01
|
465

Trump admin seeks public input on China tariff cuts

Trump admin seeks public input on which Chinese goods should get tariff cuts. $30 billion in non-strategic goods identified.

0
Yesterday / 20:31
|
710

Treasury system fully digitized in Azerbaijan

Azerbaijan's treasury system goes digital. New system cuts payment time to 2 hours. Finance Minister Sahil Babayev reveals details.

0
Yesterday / 19:33
|
877

Oil dependency to drop to 30% by 2030

Finance Minister Sahil Babayev says oil dependency in Azerbaijan's state budget will decrease to 30% by 2030, focusing on non-oil revenues.

0
Yesterday / 13:34
|
525

Hungary Central Bank Maintains Cautious Rate Policy

Hungary's central bank maintains cautious rate policy as inflation outlook moderates due to stronger forint.

0
Yesterday / 13:03
|
265

UK sanctions Russian crypto networks

UK sanctions Russian crypto networks to prevent evasion. Includes Huobi, Exmo, and others.

0
Yesterday / 13:02
|
692

Azerbaijan-UAE deal in force: tariffs removed on 90%+ goods

Azerbaijan and UAE CEPA in effect: over 90% tariff elimination, easier trade, stronger economic ties.

0
Yesterday / 09:33
|
437

Parliament approves financial leasing law

The Milli Majlis passed the financial leasing law in first reading. The law regulates leasing activities and sets new requirements.

0
Yesterday / 09:32
|
335

China foreign phone shipments up 1.8% in April

Shipments of foreign-branded phones in China, including iPhones, increased 1.8% in April. CAICT data shows 3.59 million units shipped.

0
Yesterday / 09:01
|
356

BofA Hikes South Korea GDP Forecast on Chip Boom

BofA raises South Korea's 2026 GDP forecast to 3.1% on semiconductor boom.

0
...