South Korean chipmaker SK Hynix reached a $1 trillion valuation for the first time, driven by explosive demand for high-bandwidth memory chips used in AI.
Tag: Hits
India Tourism Revenue Hits Record High as Inbound Visitors Surge in Post-Iran Conflict Environment
India’s tourism sector recorded all-time high revenue as global travellers seeking safe destinations chose India amid the disruptions caused by the Iran conflict.
OpenAI Q1 Revenue Hits $5.7 Billion Despite $3.7 Billion Loss in Same Period
OpenAI’s first quarter revenues reached $5.7 billion while losses hit $3.7 billion according to documents seen by The Information.
Micron Stock Hits 52-Week High as AI Memory Demand Accelerates
Micron Technology shares reach their highest point in over a year as demand for high-bandwidth memory products used in AI training surges.
US Inflation Hits Highest Level in Three Years Driven by Rising Gas Prices
American inflation surged to a three-year high largely driven by increasing fuel costs tied to Middle East tensions.
Ramp Hits 44 Billion Dollar Valuation as Companies Race to Rein In AI Spending
Business spend management startup Ramp reaches a new valuation high as enterprises seek to manage rapidly escalating AI costs
Solar storm hits Earth, causes spectacular auroras but disrupts satellites
A massive coronal mass ejection battered the Earth’s magnetic field overnight.
US Inflation Hits 3.8 Percent Highest Since 2023 Pressuring Fed Rate Decisions
US inflation rose to 3.8 percent in April its highest level since 2023 increasing pressure on the Federal Reserve as it weighs its next interest rate decisions amid tariff-driven price rises.
US Inflation Hits 3.8 Percent in April Its Highest Rate Since 2023 Impacting India
US inflation hit 3.8 percent in April its highest rate since 2023 raising concerns in India about global economic spillover effects and the impact on Indian exports.
London Hits 95 Degrees Fahrenheit for Second Consecutive Day as Europe Shatters Temperature Records
London experienced 95°F for two consecutive days as experts warned that extreme and unpredictable heat events are becoming more frequent across Europe.