WS #13586
SK Hynix announced a 35.2 trillion won investment in a second-phase fab and 19.1 trillion won for M17, plus dividend and shareholder return plans, signaling strong memory demand. A New Mexico court ordered Meta to pay $567 million for child safety violations, adding to a $375 million judgment, with new restrictions on minors' usage. DeepMind's Hassabis steps down as CEO, and Alphabet issued $25 billion in bonds with strong demand, but stock slides on AI leadership concerns. Microchip Technology reported strong Q1 results with 38% revenue growth and upbeat guidance, sending shares up 10%+.
SK Hynix capex and shareholder returns
SK Hynix announced a 35.2 trillion won investment in a second-phase fab and 19.1 trillion won for M17, plus dividend and shareholder return plans, signaling strong memory demand.
A New Mexico court ordered Meta to pay $567 million for child safety violations, adding to a $375 million judgment, with new restrictions on minors' usage.
DeepMind's Hassabis steps down as CEO, and Alphabet issued $25 billion in bonds with strong demand, but stock slides on AI leadership concerns.
Microchip Technology reported strong Q1 results with 38% revenue growth and upbeat guidance, sending shares up 10%+.