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Memory maker SK hynix’s profit rises 557% amid global shortage, expansion costs climb to $27 billion — shares slide despite mammoth earnings as expectations out

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CXMT closed its Shanghai debut up 466% on Monday after raising 57.92 billion yuan for DRAM wafer lines, and a report last week put China at low-volume production of domestic immersion DUV scanners running to around five …

An inside tour of Lenovo’s North Carolina AI server manufacturing line expansion — Chinese firm expanding US-native production to meet exploding demand

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There are currently seven assembly lines, residing in a space roughly double the size of the kitting area (53,000 square feet). Lenovo has the capacity to produce 1,400 server nodes per day across 28 assembly stations (o…

Moonshot AI releases weights for Kimi-K3, firing a shot across the bow of OpenAI and Anthropic — open-weight model performs almost as well as frontier models wh

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This is could be bad news for OpenAI and Anthropic, given that most anyone with decent AI GPUs can now become their direct competitor, and the fact that Kimi K3 is open-weight also gives off the impression that “free” so…