WS #11830
Apple filed a lawsuit alleging OpenAI and former Apple employees stole trade secrets for AI hardware development, potentially complicating OpenAI's IPO and pressuring AAPL. SK Hynix ADRs rose ~13% on Nasdaq debut after raising $26.5B in largest foreign IPO in US, signaling strong AI chip demand.
Apple sues OpenAI for trade secret theft
Apple filed a lawsuit alleging OpenAI and former Apple employees stole trade secrets for AI hardware development, potentially complicating OpenAI's IPO and pressuring AAPL.
SK Hynix ADRs rose ~13% on Nasdaq debut after raising $26.5B in largest foreign IPO in US, signaling strong AI chip demand.