Day: October 2, 2025

SK Hynix and Samsung shares leap after OpenAI deal

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SK Hynix and Samsung Electronics shares jumped after the two biggest South Korean chipmakers signed a letter of intent with OpenAI to supply semiconductors for the US AI company’s $500bn Stargate data centre project. Shares of SK Hynix, the leading producer of high bandwidth memory products used in Nvidia’s most advanced artificial intelligence chips, climbed as much as 12 per cent on Thursday, while Samsung Electronics shares rose by close…

China’s crewed airship AS700 soars over world’s highest bridge in latest test

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China’s first crewed airship – the Xiangyun AS700 – has completed its first low-altitude flight over the mountainous region of Guanling in southwestern Guizhou province, passing a critical airworthiness test, state media reported on Tuesday. Advertisement Flight data collected during the test verified the airship’s suitability for low-altitude scenarios, state broadcaster CCTV reported, adding that the results would help drive improvements to adapt the airship to a wider range of uses. “The tests lay the groundwork for future deployment in emergency rescue, aerial surveillance and tailored flight-support missions,” CCTV said.…