SK Hynix reached a market value of over $1 trillion for the first time, joining Samsung Electronics and Micron Technology in an AI-driven rally. Strong demand for high-end memory chips used in AI has boosted prices and profits for these semiconductor giants, with memory chip prices doubling in the first quarter.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest