Yoolim Lee

South Korea’s Elice Inc. is on track to at least double revenue this year, its chief said as the AI infrastructure company’s shares rebounded from a brutal trading debut.

(Bloomberg) -- South Korea's Elice Inc. is on track to at least double revenue this year, its chief said as the AI infrastructure company's shares rebounded from a brutal trading debut.

SK Hynix Inc. has scrapped plans for a US listing of its Solidigm unit after facing strong shareholder opposition and regulatory scrutiny over concerns that the move could undermine minority investor interests.

SK Hyper Co. is in talks with big tech firms and financial investors to secure funding for an envisioned $350 billion data center buildout, joining a global rush to roll out AI infrastructure despite concerns about future demand.

Investors funding data centre projects are getting nervous that spending on future AI services won’t be enough to justify the trillions of dollars flowing into a global computing buildout.

SK Hynix Inc. scrapped plans for a potential $10 billion U.S. listing of its Solidigm unit after facing strong opposition from regulators and shareholders, becoming the latest firm to pull an IPO while growing investor unease over the artificial intelligence boom rocks markets.

SK Hynix Inc. plans to return about 80% of the gains from selling down its stake in Japan’s Kioxia Holdings Corp. to shareholders through a special dividend of about 16 trillion won ($12 billion), the DongA Ilbo newspaper reported.

From South Korea to Japan and China, the world’s biggest memory chipmakers will this week seek to quell fears that AI spending is outpacing future demand. How they handle back-to-back earnings disclosures and investors’ questions will help determine the trajectory for markets and shed light on the broader outlook for the artificial intelligence industry.

From South Korea to Japan and China, the world’s biggest memory chipmakers will this week seek to quell fears that AI spending is outpacing future demand. How they handle back-to-back

From South Korea to Japan and China, the world's biggest memory chipmakers will this week seek to quell fears that AI spending is outpacing future demand.