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SK Hynix approves $38B memory fabs, chips won't be ready until December 2028

Market News
16 Aug 2026
Keith Noonan
View Source
Bullish
pluang ai news

SK Hynix has approved a $38 billion investment to build new memory fabrication plants. However, these new fabs are not expected to produce any chips before December 2028, indicating a long-term expansion plan. This move highlights SK Hynix's commitment to scaling up production capacity despite the delayed timeline for output. Investors should note the extended wait before seeing returns from this investment.

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AMD turned $10,000 into $700,000 over 10 years, vastly outperforming the S&P 500's $42,000.

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Over the past decade, an investment of $10,000 in AMD grew to more than $700,000, significantly outperforming the S&P 500, which turned the same amount into about $42,000. This highlights AMD's exceptional growth and strong market performance compare...

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SafePal order-tracking flaw exposed personal data of nearly 40,000 customers, no wallet keys leaked

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SafePal disclosed an authorization flaw in its order-tracking plugin that exposed personal order information of about 39,798 customers, including names, emails, shipping addresses, and phone numbers. Sensitive wallet data like seed phrases, private k...

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Bearish
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Berkshire Hathaway ramps up investments and buybacks under CEO Greg Abel in Q2

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Berkshire Hathaway, led by CEO Greg Abel, adopted a more active investment approach in Q2, adding significantly to Alphabet and Delta, announcing a $6.8 billion acquisition of Taylor Morrison, and executing $4.4 billion in share buybacks. Operational...

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Bullish
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CZ donates BNB and BinanceLife tokens to fund free education, then abandons wallet to stop meme-coin speculation

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Changpeng Zhao (CZ), former Binance CEO, is donating all BNB and BinanceLife tokens from a public wallet to Giggle Academy, a nonprofit offering free education. After the transfer, CZ will abandon the wallet, turning it into a burn address to prevent...

Protocol Fundamentals
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