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Will SK Telecom or SK Hynix stock prices increase by December 31, 2024 following the merger announcement?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Stock price data from financial markets
Story
South Korean AI Chip Makers Rebellions and Sapeon Agree to Merge
Aug 18, 2024, 04:01 AM
South Korean AI chip makers Rebellions and Sapeon have agreed to merge, according to Reuters. This move is expected to enhance global AI infrastructure competitiveness. Rebellions has raised over $225 million in funding, and Sapeon's shareholders include major companies such as SK Telecom and SK Hynix. Both companies are recognized leaders in AI semiconductor innovation in South Korea.
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