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THE BRIEF

DEV.

AI Market Turmoil Tests Nvidia's Financing Role

Neocloud stock slumps and Solidigm pulled its IPO during week of October 24.

THE BRIEF

DEVELOPING TIMELINE

First Report Saturday: SK Hynix abandoned its plan for a U.S. IPO of its Solidigm chip unit.

Today: SK Hynix Solidigm IPO scrapped amid Nvidia financing turmoil

WHAT'S REPORTED

  • ▸Nvidia has evolved from chipmaker to industry financier with outsized risk exposure. — CNBC Tech
  • ▸Credit default swap spreads widened as neoclouds face pressure. — CNBC Tech

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THE BRIEF
Today
TECHTHE BRIEF

Foster Defeats Navarrete for Unified Titles

O'Shaquie Foster beat Emanuel Navarrete by unanimous decision to unify three boxing titles.

WHAT'S REPORTED

THE BRIEF
Today
TECHTHE BRIEF

Retired Professor Arrested for Blocking Delivery Robot

Carolyn Marvin, 78-year-old retired professor, was arrested after blocking Uber Eats delivery robot.

WHAT'S REPORTED

  • ▸Marvin blocked the delivery robot on a Philadelphia sidewalk for months before arrest. — Fox News Tech
  • ▸Pennsylvania law requires delivery robots to yield to pedestrians. — Fox News Tech
THE BRIEF
Yesterday
TECHTHE BRIEF

SK Hynix Scraps Solidigm IPO Plans

SK Hynix abandoned its plan for a U.S. IPO of its Solidigm chip unit.

WHAT'S REPORTED

  • ▸SK Hynix shares closed 4% higher after initially dropping when the chipmaker halted Solidigm IPO review. — CNBC Tech
THE BRIEF
Yesterday
TECHTHE BRIEF

Midnight Mimosa Malware in Android Phones

The Midnight Mimosa malware campaign was discovered hidden in firmware of cheap Android phones.

WHAT'S REPORTED

  • ▸Midnight Mimosa malware gives attackers powerful access to devices before owners even turn them on. — Fox News Tech