WTI crude oil fell 3.0% intraday to $71.45/bbl.

Asked whether truck drivers face a high risk of job losses from AI, US President Trump said they will not lose their jobs, that finding work is not difficult now, and that US employment data is at historic highs.

2012: SK Group acquired Hynix; Samsung's market value was more than ten times Hynix and it led global DRAM. SK Hynix targeted HBM (high-bandwidth memory), launching the world’s first HBM product in 2014 but suffering a setback on second‑generation chips that left it behind Samsung and prompted internal debate about halting R&D. The company nonetheless ramped R&D and capacity, betting on growing NVIDIA demand, and invested 880 bln won (about $640m) in a packaging plant and related assets that were underutilized after demand fell in 2019. The bet paid off after 2022: ChatGPT-driven AI demand sharply increased global need for HBM, which is a key component of NVIDIA data‑center AI accelerators, and SK Hynix is now a major HBM supplier to NVIDIA.