As data centers gobble up memory chips, other industries that need the components, including electronics companies like Apple and medical device makers, are asking for government help.
Category: SK Group
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In Another Wild Day for South Korean Stocks, Market Surges 15 Percent
The New York Times – Business:After a sharp sell-off, South Korea’s stock market rallied as concerns about overspending on artificial intelligence eased, sending the country’s chip shares higher.
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South Korea’s Memory Chip Giant Defies A.I. Market Jitters
The New York Times – Business:SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.
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Samsung Made More Profit Last Quarter Than the Last Two Years Combined
The New York Times – Business:The A.I. boom has propelled the South Korean tech giant’s earnings, but its shares sank as investors had even loftier expectations.
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How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock
The New York Times – Business:For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.
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The High School Pipeline to South Korea’s Chip-Making Fortunes
The New York Times – Business:Huge memory-chip profits from the global A.I. boom have increased interest in semiconductor factory work. But behind the hype are uncertain job prospects.
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South Korea Reaches Trade Deal With Trump
The agreement comes after other American allies, like Japan, clinched their own deals to partly moderate President Trump’s tariff threats.
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Companies Brace for the Return of Trump’s Old Trade Gripes
The president-elect is again calling out companies by name in his campaign against what he sees as other countries’ unfair practices.
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Behind OpenAI’s Audacious Plan to Make A.I. Flow Like Electricity
Sam Altman, OpenAI’s chief executive, is talking to the United Arab Emirates, Asian chipmakers and U.S. officials to expand the computing power needed to build artificial intelligence.
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Chaebol Families Dominate South Korea’s Economy: What to Know
Conglomerates that sprawl across the society trace their roots to the nation’s rise into a world power and have been tightly controlled for generations.
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Samsung’s AI Moment Is Here, but Is It Ready?
Foreign investors betting on artificial intelligence are pouring money into the company’s shares. Analysts say it will have a hard time keeping up with rivals.