Filing: SK Hynix plans a ~$29B share buyback, repurchasing and canceling up to 24M treasury shares, in a bid to calm worries about the durability of AI spending — SK Hynix Inc. unveiled plans to buy back 40 trillion won ($29 billion) of stock and return more of its profits to shareholders …
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Sources: Samsung raises prices for advanced 4nm and 5nm chipmaking services by up to 15% for new orders in July, driven by AI demand and TSMC's tight capacity — Samsung Electronics (005930.KS) has raised prices for some advanced contract chipmaking services by up to 15% for new orders …
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WiseTech says Australian antitrust authorities raided its office, seeking documents and data as part of an alleged competition law breach probe; WTC falls 8%+ — WiseTech Global Ltd. said Australian antitrust authorities demanded the company hand over documents and data as part of an investigation …
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US tech companies are offering community investments, guaranteed jobs, and hosting open houses to address concerns and win public support for AI data centers — Tech companies are holding listening sessions, offering guaranteed jobs and writing big checks to win public support for the data centers they need.
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AI evaluation lab Irregular's report on its role in hacking incidents involving OpenAI, Anthropic, and Meta models faces criticism over unanswered questions — The company at the center of a series of incidents in which AI models compromised real-world computer systems during supposedly …
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