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SK Hynix says high-end AI memory chips almost sold out through 2025
SK Hynix says high-end AI memory chips almost sold out through 2025
Technology
by  AFP

South Korean semiconductor giant SK Hynix said Friday its entire 2024 production of high-end memory chips was sold out and most of next year's line was gone too, reflecting the huge demand for cutting-edge AI hardware. SK Hynix also said this week it would be starting mass production of its top-of-the-line fifth-generation HBM chips in the third quarter.

Xi heads to Europe to defend Russia ties
Xi heads to Europe to defend Russia ties
Economy
by  AFP

Xi Jinping heads to Europe on Sunday to defend China's "no limits" alliance with Russia, first to key Ukraine backer France, then to Serbia and Hungary, which have close ties to the Kremlin. - 'Eastern opening' - From France, Xi will head to Serbia, and then Hungary on May 8-10.

Spain's fashion and beauty group Puig poised for IPO
Spain's fashion and beauty group Puig poised for IPO
Economy
by  AFP

The iconic Nina Ricci, Paco Rabanne and Jean-Paul Gaultier labels make their market debut Friday as Spanish fashion and beauty group Puig begins trading on the Madrid stock exchange. Among its brands are Paco Rabanne, Nina Ricci, Charlotte Tilbury, Carolina Herrera and Dries Van Noten.

US election disinformation targets non-citizen voting
US election disinformation targets non-citizen voting
Technology
by  AFP

Illegal immigration on the US southern border is a top talking point among Republican politicians, but some are taking it a step further by promoting disinformation about non-citizens voting in the presidential election. "Especially when the threat of fraud is growing with every single illegal immigrant that crosses that border."

Apple profit ebbs as iPhone sales under pressure
Apple profit ebbs as iPhone sales under pressure
Technology
by  AFP

Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback. Shares were up nearly 6 percent to $183.20 in after-market trading, buoyed by the epic buyback program.