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AI chipmaker SK Hynix hits $1T in market capitalizationAI chipmaker SK Hynix hits $1T in market capitalization

South Korean memory chipmaker SK Hynix became the latest industry titan to top $1 trillion in market capitalization, as AI-driven demand propelled a sector-wide boom. Fellow Korean giant Samsung and semiconductor maker Micron also recently crossed the threshold, the latter just yesterday, while an exchange-traded fund of AI chipmakers has ...

Paramount appears to sway DOJ staff on Warner Bros. takeoverParamount appears to sway DOJ staff on Warner Bros. takeover

The Scoop US antitrust regulators appear ready to approve Paramount’s $110 billion takeover of Warner Bros. Discovery after a two-hour meeting Tuesday at the Justice Department, where Paramount CEO David Ellison reiterated a commitment to releasing movies in theaters, people familiar with the matter said. DOJ antitrust staff members grilled ...