SK Hynix raises $29 billion to dominate AI and chip markets
South Korean chip giant SK Hynix announces a record $29 billion fundraising.
Published 3sem1 sourceMajor
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The fact
The move aims to strengthen its position against Nvidia and TSMC in AI-focused semiconductors.
The group’s market capitalization has surged by 50% since January, driven by soaring demand for high-end chips.
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