WS #10589

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SK Hynix plans to raise ~$29 billion via ADR listing on Nasdaq on July 10, expanding investor base for the AI chipmaker. Oracle cut 21,000 jobs (13% headcount) in its last fiscal year to redirect spending toward AI investments.

SK Hynix $29B Nasdaq Listing

SK Hynix plans to raise ~$29 billion via ADR listing on Nasdaq on July 10, expanding investor base for the AI chipmaker.

Oracle cut 21,000 jobs (13% headcount) in its last fiscal year to redirect spending toward AI investments.

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