Intel and SK Hynix Jump on Talks for US Memory Chip Fab Deal
Intel and SK Hynix shares jumped over 3% after reports revealed talks to manufacture memory chips at Intel’s Ohio fab, reshaping the US semiconductor footprint.
Intel and SK Hynix shares jumped over 3% after reports revealed talks to manufacture memory chips at Intel’s Ohio fab, reshaping the US semiconductor footprint.
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American Savings Bank priced its upsized NYSE IPO at $16 per share, raising $128.9M in a rare 100% secondary bank listing under ticker ASBH.
The Dow dropped 328.09 points to 52,093.11 on Sept. 15 as the 10-year Treasury yield hit 5.00% and crude oil surged above ahead of the Fed rate decision.
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Grab agreed to acquire a 60% stake in Atome Financial for $1.49B in cash, accelerating Southeast Asian digital lending expansion with a staged buyout path.
Meta launched Meta One subscriptions across Instagram, Facebook, and WhatsApp, testing whether paid AI and creator tiers can offset soaring $140B capex.
Skyworks and Qorvo jumped up to 11% after CEO Phil Brace confirmed their $22B merger cleared US antitrust hurdles, eyeing a 2026 close and $500M in synergies.
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Bank of America expects Q3 investment banking fees to drop over 10% as dealmaking cools, CEO Brian Moynihan warned, sending BAC shares down 5%.