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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.

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

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

China's New Weapon: Dragging Its Feet on Deals Involving American Companies
Business

China's New Weapon: Dragging Its Feet on Deals Involving American Companies

Beijing has slowed down antitrust reviews of proposed deals by American firms, people close to the process say. Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Business

Noteworthy Wednesday Option Activity: TSLA, INTC, ULTA

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total