Jobs Data Holds, SK Hynix Makes History, and Meta Goes All-In on AI
About this episode
US jobless claims fall to 215K signaling labor market resilience, SK Hynix prices landmark $28B Nasdaq ADR listing 7x oversubscribed, Meta plans to double AI compute capacity to 14 gigawatts by 2027 with Iris chip entering production in September
Chapters
Sources & Citations
US Department of Labor — Unemployment Insurance Weekly Claims Data
www.dol.gov
US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
www.clickondetroit.com
US Initial Jobless Claims dropped to 215K last week | FXStreet
www.fxstreet.com
US Jobless Claims Little Changed Last Week Amid Low Layoffs | Bloomberg
www.bloomberg.com
SK Hynix US Offering Is More Than Seven Times Oversubscribed
www.bloomberg.com
SK hynix eyes second-largest foreign listing in US history with $24.5B–$28B ADR offering
www.koreajoongangdaily.com
SK Hynix to close $28 billion ADR bookbuild on Wednesday after oversubscription
www.reuters.com
SK Hynix Nasdaq ADR offering more than 7 times oversubscribed
finance.yahoo.com
Meta to put AI chip into production in September as it looks to double computing capacity, memo shows | Reuters/CNBC
www.cnbc.com
Exclusive: Meta to put AI chip into production in September (full wire) | Reuters via The Star
www.thestar.com.my
Meta Plans to Double AI Compute Capacity to 14GW in 2027 (X/Twitter) | @AIStockSavvy / @moninvestor
x.com
Meta establishes 'Meta Compute,' plans multiple gigawatt-plus scale AI data centers | Data Center Dynamics
www.datacenterdynamics.com