South Korean chipmaker SK Hynix is making a massive $29 billion US stock market debut, aiming to boost its valuation and compete with rivals like Micron. This move taps into the booming AI chip market, where demand for memory chips is soaring. Previously difficult for American investors to access, the Nasdaq listing on July 10 promises improved liquidity and a fairer valuation for the company.
Oil slips after OPEC+ agrees to raise output targets
Oil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despite the planned