WS #11765
SK Hynix's $26.5B US ADR IPO debuts Friday on Nasdaq under SKHY, with strong demand (7x oversubscribed) and Cramer calling it cheap despite risks. Microsoft is quietly replacing OpenAI and Anthropic models with its own MAI models to cut costs, a bearish signal for OpenAI and Anthropic's enterprise traction. OpenAI top executive Fidji Simo is stepping down from full-time role to become part-time advisor, as reported by WSJ and Reuters. China is weighing allowing top AI firms to buy limited Nvidia H200 chips (under 200,000 units), a potential easing of restrictions that boosted NVDA shares nearly 4%. Judge approved SEC settlement with Elon Musk over Twitter share disclosure, with $1.5M penalty; judge expressed misgivings. Meta shares jumped 4.7% on Muse Spark 1.1, Zuckerberg's return to X, and Alberta data center news. Micron announced plans for up to $3B investment in US semiconductor ecosystem, part of $250B by 2035 plan driven by AI demand.
SK Hynix US IPO
SK Hynix's $26.5B US ADR IPO debuts Friday on Nasdaq under SKHY, with strong demand (7x oversubscribed) and Cramer calling it cheap despite risks.
Microsoft is quietly replacing OpenAI and Anthropic models with its own MAI models to cut costs, a bearish signal for OpenAI and Anthropic's enterprise traction.
OpenAI top executive Fidji Simo is stepping down from full-time role to become part-time advisor, as reported by WSJ and Reuters.
China is weighing allowing top AI firms to buy limited Nvidia H200 chips (under 200,000 units), a potential easing of restrictions that boosted NVDA shares nearly 4%.
Judge approved SEC settlement with Elon Musk over Twitter share disclosure, with $1.5M penalty; judge expressed misgivings.
Meta shares jumped 4.7% on Muse Spark 1.1, Zuckerberg's return to X, and Alberta data center news.
Micron announced plans for up to $3B investment in US semiconductor ecosystem, part of $250B by 2035 plan driven by AI demand.