Today: 5 June 2026
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TWSE:2402 2 February 2026 - 25 March 2026

Sandisk to Spend $1 Billion on Nanya in AI-Era Push to Lock In DRAM Supply

Sandisk to Spend $1 Billion on Nanya in AI-Era Push to Lock In DRAM Supply

Sandisk will invest about $1 billion in Taiwan's Nanya Technology, acquiring a 3.9% stake and securing a multi-year DRAM supply deal. Sandisk shares fell 3.5% in U.S. trading; Nanya stock rose 4.6% in Taipei. The purchase price of NT$223.9 per share is a 15% discount to Nanya's 30-day average. Nanya will use proceeds for factory upgrades and advanced memory production.
25 March 2026
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Stock Market Today

  • HUTCHMED Applies for AIM Block Admission for 43.6 Million Share Options
    June 5, 2026, 6:44 AM EDT. HUTCHMED, a biopharmaceutical company listed on Nasdaq, AIM, and Hong Kong Stock Exchange, has applied to the London Stock Exchange for a block admission of 43,616,756 ordinary shares. These shares will be issued through the newly adopted 2026 Share Option Scheme, which was approved at the company's AGM in May 2026. The block admission is expected to become effective on June 11, 2026. The total issued share capital remains unchanged at 872,335,120 shares. HUTCHMED will provide six-monthly updates on the scheme's utilization, in line with AIM reporting rules. This move supports its global development of targeted cancer therapies and immunotherapies.

Latest articles

Redwire Shares Jump After Space Strawberries, But Backlog Questions Remain

Redwire Shares Jump After Space Strawberries, But Backlog Questions Remain

5 June 2026
Redwire surged 15.1% to $21.43 after landing a contract to grow wild strawberries on the ISS using its commercial space greenhouse, adding nearly $600 million in market value amid volatile space stocks; a separate $15.9 million Army drone award also boosted defense exposure, but no value was disclosed for the greenhouse deal.
Social Security Payments Face $500 Monthly Cut by 2032, All States Affected

Social Security Payments Face $500 Monthly Cut by 2032, All States Affected

5 June 2026
A new watchdog report warns Social Security retirement benefits could be slashed by 24%—about $500 a month on average—if Congress fails to act before the trust fund runs dry in late 2032, with the next annual trustees report due in weeks set to reset the solvency clock for tens of millions of Americans.
Intel Lands AI Deal But Investors Stay Bearish

Intel Lands AI Deal But Investors Stay Bearish

5 June 2026
Intel shares fell 0.8% premarket to $111.78 after a new AI partnership with Foxconn failed to offset sector pressure triggered by Broadcom’s disappointing outlook, as investors demanded proof of AI-driven growth; Nasdaq futures dropped 1.2% and S&P 500 futures lost 0.6% amid a second day of AI-led selloff ahead of U.S. jobs data.
AT&T shares slide again as Starlink draws Wall Street attention

AT&T shares slide again as Starlink draws Wall Street attention

5 June 2026
AT&T shares fell to $22.77 premarket after Oppenheimer downgraded the stock, citing rising risks from SpaceX’s Starlink and Amazon’s Leo satellite broadband, with analyst Timothy Horan warning that broadband and mobile growth are at risk as satellite pricing matches legacy broadband; AT&T is countering with new fiber plans and bundle savings.
Broadcom shares fall despite AI gains

Broadcom shares fall despite AI gains

5 June 2026
Broadcom plunged 12.6% after quarterly revenue and AI-chip guidance missed Wall Street estimates, with shares quoted at $410.95 in premarket trade, down 1.9% from Thursday’s close, as investors reacted to a third-quarter AI chip revenue forecast of $16 billion—below Visible Alpha’s $16.36 billion estimate—despite strong year-over-year growth and a stable operating margin outlook.
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