SK Hynix denies report about approaching SoftBank on Kioxia merger

SEOUL - South Korea's SK Hynix Inc, the world's second-largest memory chip maker, said on Wednesday it has not approached Japan's SoftBank are pursuing a merger as a global chip glut and weak demand for flash memory chips strengthens pressure for chipmakers to consolidate.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

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Memory-Chip Stocks Can Ride the AI Gravy Train, TooMemory-chip prices could finally rebound soon. Meanwhile, SK Hynix and Samsung are benefiting from the artificial-intelligence boom, too.
Source: WSJ - 🏆 98. / 63 Read more »