Google to Move All Pixel Production Out of China by 2027 
Anthropic Eyes $10B-Plus Credit Line Ahead of Potential IPO 
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks 
Toyota, Honda Shares Rise on Possible U.S.-Canada Auto Tariff Cut 
Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion 
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme 
Moderna Short Sellers Hit With $4.8 Billion Loss as Stock Soars 
Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits 
SK Hynix Shares Surge on Record $28.6 Billion Buyback 
Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3 
Nordson Stock Rises as Q3 Earnings Beat Estimates, Outlook Raised 
Shein Targets $26B-$27B Valuation for Hong Kong IPO 
AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback 
Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts 
Google to Buy Spirit Airlines Business Data for $10 Million to Train AI 
Add as a preferred source on Google
A US foreign investment watchdog has approved SK hynix Inc's acquisition of Intel Corp.'s NAND business.
SK hynix signed a deal last October to buy Intel's non-volatile memory unit for US$9 billion, which includes the solid-state drive business and a NAND flash chip plant in Dalian, China.
Following the deal, the South Korean chipmaker still needs to obtain approvals from antitrust regulators in major countries.
Intel's acquisition had to be reviewed by the Committee on Foreign Investment in the United States (CFIUS) and the Federal Trade Commission (FTC). SK hynix passed the FTC's review last year.
SK hynix will make an initial payment to Intel of $7 billion after the completion of governmental approvals late this year. It will pay the remaining $2 billion to Intel by March 2025.
SK hynix's acquisition of Intel's NAND business is projected to catapult it from being the world's fourth-largest NAND flash producer to second-largest, just behind Samsung Electronics Co.
SK hynix had a market share of 11.6 percent in the fourth quarter of 2020.
