Jackson Hongping Sun

PwC to Pay USD190 Million Fine, Compensation for China Evergrande Accounting Fraud buff.ly/yu2crVP

$INTC | 𝐈𝐧𝐭𝐞𝐥: Cantor raises 𝐏𝐓 𝐭𝐨 $𝟗𝟎, reiterates 𝐍𝐞𝐮𝐭𝐫𝐚𝐥, '30x Theoretical Upside' Analyst sees AI-driven supply constraints supporting upside, with Intel positioned as a potential fast/slow follower to TSMC.

CENTCOM confirms that, for the first time since 2003, 3 U.S. Navy carrier strike groups are operating simultaneously in the Middle East. Meanwhile, reports of Iran sending a delegation to Pakistan.

$INTC | 𝐈𝐧𝐭𝐞𝐥: Rosenblatt maintains 𝐒𝐞𝐥𝐥, raises 𝐏𝐓 𝐭𝐨 $𝟓𝟎, 'we see the current share price as being far ahead of the fundamentals' Analyst sees AI-driven CPU demand and margin recovery improving fundamentals, but believes stock is ahead of underlying performance.

Great earnings and Intel is back $INTC intc.com

Tim Cook and Steve Jobs each spent about 3,600 days as Apple CEO and $AAPL rose more than 1,000% under both. One built the product. One built the ecosystem.

U.S. forces have directed 31 vessels to turn around or return to port as part of the U.S. blockade against Iran. 🇺🇸

JUST IN: 🇺🇸🇮🇷 US military intercepts 2 Iranian oil supertankers attempting to bypass blockade.

@SKhynix reports record-high 1Q26 results with 52.58T KRW in revenue and 37.61T KRW in operating profit. Driving the global AI ecosystem as a Full-Stack AI Memory Creator through our leading #HBM and #eSSD solutions. news.skhynix.com/q1-2026-busine…

SK Hynix smashed thru earnings and the best way to play this is to own $DRAM etf , 24% in Samsung , SK Hynix & $MU

#SKhynix Posts Record 1Q26 Profit, Operating Margin Reaches 72%—Highest in Global Manufacturing SK hynix reported record-breaking results for the first quarter of fiscal 2026, achieving its highest-ever quarterly revenue. Driven by strong AI demand and robust sales of high value-added products, quarterly revenue surpassed ₩50 trillion for the first time, while operating margin surged to 72%, setting a new company record and ranking among the highest in the global manufacturing sector. Looking ahead, SK hynix characterized the current rise in memory prices as a fundamental structural shift rather than a temporary supply–demand imbalance. CFO Woohyun Kim noted that, unlike previous cycles driven by smartphone or PC replacement demand, the current growth momentum is underpinned by sustained, large-scale investment in AI server infrastructure. He emphasized that in the current supply-constrained environment, customers are prioritizing securing supply over pricing, suggesting that the ongoing price upcycle is likely to be more prolonged than in past cycles. On the technology front, SK hynix plans to accelerate product iteration to address increasingly diverse AI memory requirements. The company disclosed plans to mass-produce its seventh-generation HBM, HBM4E, in 2027, with samples expected to be available in 2H26 to align with customer timelines. At the same time, SK hynix is advancing next-generation products based on its 1c nm (1cnm) process, including LPDDR6—expected to be the first of its kind for smartphones—and the 192GB SOCAMM2 module, which has already entered mass production this month. These efforts are aimed at maintaining its competitive edge through process leadership. On the supply side, capacity expansion is expected to face near-term constraints, providing continued support for pricing. SK hynix explained that due to reduced investment during the industry downturn, the supply side is unlikely to achieve large-scale capacity growth in the short term. As a result, the company plans to significantly increase its capital investment in 2026 compared to 2025, focusing on equipment installation at its Cheongju M15X fab, infrastructure development in the Yongin semiconductor cluster, and procurement of key equipment such as EUV lithography systems. SK hynix emphasized that it will pursue demand-linked, strategic investments to ensure supply stability while maintaining a strong net cash position. 📊 More semiconductor news: @trendforceinsights" target="_blank" rel="nofollow noopener">substack.com/@trendforceins… 📊 More industry charts: buff.ly/4hbxzLr

Tesla FSD V14.3.2 has just started rolling out to early access users. There is something new in the release notes: Tesla has unified the model between Actually Smart Summon, FSD, and Robotaxi for more capable and reliable behavior.

The smoothest driver you’ll ever meet

Iran’s Mahan Air announced today that it will gradually resume passenger flights between Iran and China from April 26. The carrier has released its flight schedule from April 26 to May 25, with additional flight information to be released later. @MahanAirlines

U.S. Officials Try to Get a Grip on Risks Bubbling Inside Private Credit wsj.com/finance/regula…

SK Hynix sets record as quarterly profit jumps five-fold, says AI chip demand exceeds capacity reut.rs/4mKtXDb reut.rs/4mKtXDb

EUV machines are so complex that no single blueprint exists – but now, a brick model set does! @WSJ reporter Ben Cohen spoke with Rick Lenssen, the creator of some of the ASML-themed sets available in our employee shop, about how they came to be. ➡️ ms.spr.ly/6003v8lxV

ASML says firm will not be chip industry's bottleneck reut.rs/4sPwhu3 reut.rs/4sPwhu3

TSMC will hold off on deploying ASML’s most cutting-edge lithography machines for chip production through 2029 to save money, dealing a potential setback to the Dutch maker of the costly equipment. bloomberg.com/news/articles/…

At 93, she got a self-driving Tesla so she can keep her independence, and also get to church