Page 5 - Edwin Chan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- SK Hynix Inc.’s quarterly sales beat estimates, and the company declared surging interest in artificial intelligence was driving the beginnings of a recovery in the memory chip market.Most Read from BloombergChina Replaces Foreign Minister After Mysterious Absence‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explains Why He’s Axing Twitter Name, Iconic Bird LogoRolex, Patek Prices to Keep Falling as S

Find Sam Kim Bloomberg Latest News, Videos & Pictures on Sam Kim Bloomberg and see latest updates, news, information from NDTV.COM. Explore more on Sam Kim Bloomberg.

(Bloomberg) -- Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter, aiming to capitalize on a wave of local clients turning to its AI chips as an alternative to banned Nvidia Corp. silicon.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyDollar’s Busted Bull Run Has Bear

(Bloomberg) -- Alibaba Group Holding Ltd. shares jumped in Hong Kong trading after Reuters reported that China is likely to announce a fine of more than 8 billion yuan ($1.1 billion) on its fintech affiliate, drawing a line under the probe into the firm founded by Jack Ma. Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send

Meta officially unveiled Threads, an app designed to rival Twitter, launching the most serious threat yet to Elon Musk’s struggling site. Read on.