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SK Hynix has announced a major purchase of chipmaking equipment from ASML, committing nearly $8 billion in what is the largest publicly disclosed order for the Dutch supplier’s lithography systems. The deal covers extreme ultraviolet (EUV) machines, which are critical for producing advanced semiconductors used in artificial intelligence and high-performance computing. The equipment will be […]
Rising demand for artificial intelligence could lead to shortages not only in memory chips but also in data storage components, according to a Solidigm executive. As AI systems process increasingly large datasets, the need for high-performance storage is growing rapidly. Solid state drives, which play a key role in feeding data to AI processors, are […]
Sezzle has dismissed its independent auditor Baker Tilly and appointed PricewaterhouseCoopers (PwC) as its new auditor for 2026, according to a company filing. The move follows the disclosure of a material weakness in the company’s internal controls related to the classification of cash flows tied to notes receivable for fiscal years 2024 and 2025. While […]