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NASDAQ:META.O 6 January 2026

Meta stock ticks up after-hours as Ray-Ban Display rollout is paused on U.S. demand

Meta stock ticks up after-hours as Ray-Ban Display rollout is paused on U.S. demand

Meta Platforms shares rose 0.3% to $660.62 in after-hours trading after the company paused international expansion of its Ray-Ban Display smart glasses, citing high U.S. demand and limited supply. Waitlists now extend into 2026, delaying launches in the UK, France, Italy, and Canada. Meta named C.J. Mahoney as chief legal officer, replacing Jennifer Newstead. First-quarter unit sales for the glasses reached about 15,000, or 6% market share.

Stock Market Today

  • SK Hynix files for U.S. listing amid soaring AI memory chip demand
    March 25, 2026, 12:08 AM EDT. South Korean memory chip maker SK Hynix has filed confidentially with the U.S. Securities and Exchange Commission (SEC) to list American Depositary Receipts (ADRs) on Wall Street by 2026. The company, a leading supplier of high-bandwidth memory (HBM) chips critical to artificial intelligence (AI) processors, aims to raise fresh capital to expand capacity amid a global memory shortage sparked by soaring AI demand. Details of the offering, including size and timing, remain undecided. SK Hynix is reportedly considering a raise of $6.7 billion to $10 billion. Competitors like Micron and Samsung are also accelerating capacity expansion. CEO Kwak Noh-Jung highlighted plans to secure over 100 trillion won for long-term investments as the company brings new fabs online and advances U.S. packaging facilities. SK Hynix sees memory as a pivotal factor in AI system performance, underscoring the sector's rapid growth.
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