Wednesday, April 26, 2023

SK hynix widens quarterly losses as chip glut intensifies

SK hynix said it logged losses for the second consecutive quarter, as a worsening macroeconomic climate dented demand for semiconductors used in PCs and other digital products, and a continued chip glut wiped out profits. https://ift.tt/lNgR8I7

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...