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SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B vs. ~$14.9B est., operating profit up 68% to ~$6.7B vs. ~$6.5B est., and expects sustained HBM demand in 2025 (Dylan Butts/CNBC)

Dylan Butts / CNBC : SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B vs. ~$14.9B est., operating profit up 68% to ~$6.7B vs. ~$6.5B est...

28 February 2025

Thailand says TikTok plans to spend $8.8B to build AI data centers across the country over the next five years, more than doubling its earlier target (Pathom Sangwongwanich/Bloomberg)

Pathom Sangwongwanich / Bloomberg:
Thailand says TikTok plans to spend $8.8B to build AI data centers across the country over the next five years, more than doubling its earlier target  —  - Social media platform to invest in data-hosting infrastructure  — Company recently won approval for $3.8 billion outlay

Posted from: this blog via Microsoft Power Automate.

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