WS #11774

From 500 msgs · 5 key-dev

SK Hynix raised $26.5bn in the largest foreign US IPO, more than 7x oversubscribed, signaling strong AI-driven demand for memory chips despite sector selloff. Meta plans to mass-produce its own AI chip 'Iris' via TSMC starting September, aiming to reduce reliance on NVIDIA and AMD.

SK Hynix Record US IPO

SK Hynix raised $26.5bn in the largest foreign US IPO, more than 7x oversubscribed, signaling strong AI-driven demand for memory chips despite sector selloff.

Meta plans to mass-produce its own AI chip 'Iris' via TSMC starting September, aiming to reduce reliance on NVIDIA and AMD.

Full world state #11774 →