Nvidia supplier SK Hynix clocks bumper Q4 profit on AI-fueled chip demand
Investing.com– Nvidia supplier SK Hynix Inc (KS:000660) posted a sharp increase in its fourth-quarter profit on Thursday, as the memory chip maker benefited from increased demand for high-end chips from the artificial intelligence industry. Operating profit surged 2,236% to
Kennedy would keep legal fees from Merck cases if confirmed
By Dan Levine and Mike Spector (Reuters) – Robert F. Kennedy Jr. would retain legal fees earned from litigation against drugmaker Merck (NSE:PROR) if he is confirmed as President Donald Trump’s secretary of the U.S. Department of Health and
Nvidia supplier SK Hynix posts record quarterly profit on AI chip demand
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia (NASDAQ:NVDA) supplier saw strong sales of advanced chips such as high-bandwidth memory (HBM) used in generative artificial intelligence chipsets.
White House says order pausing IRA disbursements only applies to some programs
(Reuters) -The White House said President Donald Trump’s order this week pausing the disbursement of funds appropriated under his predecessor’s signature climate and infrastructure laws mainly applies to programs that discourage fossil fuel development or boost electric vehicles. As part of
Volkswagen says 6% margin target for brand realistic in medium term, analyst says
(Reuters) – Volkswagen (ETR:VOWG_p) told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in the “medium term”, according to a note by Bernstein Research, after the German carmaker