Oracle plans more layoffs weeks after spending most of its $2.1 billion restructuring budget, report claims — some teams face double-digit percentage reductions

Oracle’s 10-K, filed June 22, capped the total expected cost of its Fiscal 2026 Oracle Restructuring Plan at $2.1 billion. The company recorded $1.8 billion of that in fiscal 2026, a 391% increase over the $374 million b…

Suspected China-linked hackers used AI to run the first-ever end-to-end autonomous cyberattack on Taiwan’s government, Israeli firm says — open-source-built too

Researchers have warned that AI agents are making it increasingly easy to automate portions of cyberattacks that previously required skilled human operators, another deadly feature in the era of AI hacking . Dream’s chie…

SK hynix to expand production capacity in China as it mulls Solidigm IPO, report claims — second phase of fab could boost local production by 50%

It should be noted that SK hynix did not officially confirm the Solidigm IPO plan last week, as its regulatory filing on August 5 said that Solidigm was considering various ways to improve its competitiveness, but the fi…

SK hynix to expand production capacity in China as it mulls Solidigm IPO, report claims — second phase of fab could boost local production by 50%

It should be noted that SK hynix did not officially confirm the Solidigm IPO plan last week, as its regulatory filing on August 5 said that Solidigm was considering various ways to improve its competitiveness, but the fi…

YMTC breaks into the top three NAND makers for the first time as AI servers swallow 48% of all flash — Chinese vendor has 14% share, according to research

In terms of revenue, however, YMTC sits fifth behind both Kioxia and Micron, with nearly all of its output going into consumer products. Consumer bits now sell for a fraction of what hyperscaler buyers pay for enterprise…

YMTC breaks into the top three NAND makers for the first time as AI servers swallow 48% of all flash — Chinese vendor has 14% share, according to research

In terms of revenue, however, YMTC sits fifth behind both Kioxia and Micron, with nearly all of its output going into consumer products. Consumer bits now sell for a fraction of what hyperscaler buyers pay for enterprise…