SK Hynix's HBM windfall triggers Samsung chip division brain drain
SK Hynix's $476K annual bonus from AI chip profits is luring Samsung engineers away, threatening the foundry division's ability to serve logic-chip customers.
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Cerebras Systems IPO Surges 108% on First Day, Reaching $66B Valuation
Cerebras Systems priced its IPO at $185/share and opened at $385, closing day one at $311 with a $66B market cap.