SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty

• Share of U.S. companies in China looking to relocate hits a record high, survey finds

  A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.
  
  CNBC - 1h

• SK Hynix profits beat Samsung’s for first time on AI boom

  South Korean chipmaker expects sales of high-bandwidth memory products to more than double this year
  
  Financial Times - 2h

• SK Hynix Posts Strong Fourth-Quarter Net Profit on AI Boom

  The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.
  
  The Wall Street Journal - 5h
• 

  Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom

  Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom
  
  ABC News - 6d

• TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

  TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
  
  CNBC - 6d

• How Nissan's profits dropped 90% in one year

  Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.
  
  CNBC - Jan. 15
• 

  Greggs shares drop on sales slowdown

  UK bakery chain blames ‘subdued high street footfall’ for weaker earnings
  
  Financial Times - Jan. 9

• Israel's Defense Industry Booms on Foreign Demand and War at Home

  Despite arms embargoes over its handling of the war in Gaza, Israel’s top three defense companies are on pace to sell more weapons than ever.
  
  The Wall Street Journal - Jan. 9

• Foxconn Posts Record Fourth-Quarter Revenue on AI Demand

  The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.
  
  The Wall Street Journal - Jan. 5

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• Share of U.S. companies in China looking to relocate hits a record high, survey finds

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• Share of U.S. companies in China looking to relocate hits a record high, survey finds

  A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.
  
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