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This Company Is Nvidia's AI Chip Partner---and Its Stock Is Soaring
Business

This Company Is Nvidia's AI Chip Partner—and Its Stock Is Soaring

SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn’t historically been viewed as an industry pioneer.

Retailers Are Fleeing Downtown San Francisco. IKEA Is Moving In.
Business

Retailers Are Fleeing Downtown San Francisco. IKEA Is Moving In.

Listen to article (1 minute) IKEA thinks it can succeed where a string of other retailers have given up—in San Francisco’s beleaguered downtown district. Copyright

A Rare Look Into the Finances of Elon Musk's Secretive SpaceX
Business

A Rare Look Into the Finances of Elon Musk's Secretive SpaceX

The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenues rose faster. Source link

The Era of Ultracheap Stuff Is Under Threat
Business

The Era of Ultracheap Stuff Is Under Threat

Factories across Asia are struggling to attract young workers. That’s bad news for Western consumers accustomed to inexpensive goods made in the region. Source link

Intel Returns to Profit as PC Rebound Lifts Chip Demand
Business

Intel Returns to Profit as PC Rebound Lifts Chip Demand

The chip maker’s earnings surprise Wall Street after two consecutive quarters of record losses. Source link

Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says
Business

Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says

The potential limits threaten to undermine new government investments in chip-making in the U.S., the Semiconductor Industry Association warns. Source link