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SK Hynix Says Won't Agree to Western Digital-Kioxia Merger

(Bloomberg) SK Hynix Inc. declared its opposition to a merger of Kioxia Holdings Corp. and Western Digital Corp., introducing more uncertainty to a landmark US-Japanese deal years in the making.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Further RightPost ....

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Western Digital Plunges After Kioxia Deal Talks Break Down

(Bloomberg) Western Digital Corp. fell as much as 16% after deal negotiations with Kioxia Holdings Corp. broke down, quashing hopes for a combination of their flash memory businesses.Most Read from BloombergIsrael Latest: Blinken Returning to Israel; Refugee Camp HitImmigrants Are Leaving Canada at Faster Pace, Study ShowsSaudi Forces on Alert After Clash With Iran-Backed HouthisZillow Plunges After Verdict on Real Estate Brokerage CommissionsInnovent, Lilly Obesity Drug Spurs More Weight Los ....

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Investors Bet Samsung's Smaller Memory Chip Rival SK Hynix Will Be an AI Winner

(Bloomberg) Shares of Samsung Electronics Co. are on track to underperform those of its smaller memory-chip rival SK Hynix Inc. by the most in a decade as investors bet the latter will be the winner in artificial intelligence.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, ....

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Kioxia Is Said to Approach JIC to Back Western Digital Merger

(Bloomberg) Kioxia Holdings Corp. has approached Japan Investment Corp. about making a capital infusion to support its merger with Western Digital Corp. and strengthen the combined company’s financial base, according to people familiar with the matter.Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Ringgit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Is ....

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