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Wellfunded

AI hardware

SK Hynix's $26.5B IPO Is Fueled by AI Memory Demand

Jul 11, 2026

SK Hynix's $26.5B IPO Is Fueled by AI Memory Demand

South Korean chipmaker SK Hynix made its Wall Street debut Friday, raising $26.5 billion and breaking Alibaba's record as the largest-ever foreign company listing. Riding the AI-driven surge in memory chip demand, the company briefly topped Samsung as South Korea's most valuable firm.

AI hardware

HBM

IPO

SpaceX's Mystery AI Device Hints at Consumer Hardware

Jul 1, 2026

SpaceX's Mystery AI Device Hints at Consumer Hardware

SpaceX reportedly demoed a 'handset-like' AI device to investors ahead of its IPO — a move that signals the company may be eyeing a serious push into consumer wireless hardware. Here's what we know so far.

AI hardware

Consumer Tech

Elon Musk

OpenAI Teases Codex-Branded Hardware with Work Louder

Jun 29, 2026

OpenAI Teases Codex-Branded Hardware with Work Louder

OpenAI is dropping a Codex-themed hardware device on July 15th, built in partnership with macro pad maker Work Louder. The compact, button-laden gadget promises to bring AI coding shortcuts into the physical world — and it's not the Jony Ive project.

OpenAI

Codex

AI Hardware

Is Micron the Next Nvidia? Wall Street Is Betting on It

Jun 29, 2026

Is Micron the Next Nvidia? Wall Street Is Betting on It

Wall Street investors are increasingly bullish on Micron as the next major AI hardware winner. With demand for high-bandwidth memory surging alongside AI infrastructure buildouts, analysts see the US memory maker as uniquely positioned to ride the next wave of the AI boom.

AI hardware

Chips

HBM

Memory Chip Crunch Fuels Micron's Revenue to $41.45B

Jun 25, 2026

Memory Chip Crunch Fuels Micron's Revenue to $41.45B

Micron is cashing in on surging demand for memory chips, reporting a staggering revenue jump to $41.45 billion and a profit leap to $28.2 billion year-over-year. The numbers signal just how dramatically the AI hardware boom is reshaping the semiconductor landscape.

AI hardware

CHIPS Act

Earnings