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AsiaHow SK Hynix just pulled off the second-largest U.S. share sale by quietly powering the AI boom

With a $26.5 billion Nasdaq debut, the South Korean manufacturer caps off a long, strange path from memory-chip also-ran to AI powerhouse

By Nicholas GordonJuly 11, 2026
There’s no escape from inflation as a perfect storm of the ‘Godzilla’ El Niño, AI boom, Trump tariffs, fuel crunch, and Ukraine war keep prices high
Economy
There’s no escape from inflation as a perfect storm of the ‘Godzilla’ El Niño, AI boom, Trump tariffs, fuel crunch, and Ukraine war keep prices high
By Jason MaJuly 11, 2026
d
Banking
‘The first time ever in my career’: Senior Citi executive on why the ultrawealthy want to diversify away from America
By Nick LichtenbergJuly 11, 2026
OpenAI CEO Sam Altman sitting next to U.S. President Donald Trump at the G7 Meeting in Evian, France.
AI
OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says
By Emily Forlini and Jeremy KahnJuly 10, 2026
Latest
Trump undercuts GOP midterms message with snub of housing bill2 hours ago
Help not wanted: World Cup hiring boost has yet to materialize2 hours ago
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple2 hours ago
German carmakers are suffering some of their worst declines ever in China as Q2 sales plunge 30%-41%2 hours ago
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
Success
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
By Sydney LakeJuly 11, 2026
Why the 2026 IPO boom is about to broaden beyond AI mega-deals
Investing
Why the 2026 IPO boom is about to broaden beyond AI mega-deals
By Sheryl EstradaJuly 11, 2026
A $5 hair tie, a sold-out dress, cake and a fast-food order: How fans chase closeness to Erling Haaland, Taylor Swift and other celebrities
Arts & Entertainment
A $5 hair tie, a sold-out dress, cake and a fast-food order: How fans chase closeness to Erling Haaland, Taylor Swift and other celebrities
By Mia OsmonbekovJuly 11, 2026
Ulta is betting $400 million that an NYC megastore will help it compete with Sephora—and that flagships still work
C-Suite
Ulta is betting $400 million that an NYC megastore will help it compete with Sephora—and that flagships still work
By Phil WahbaJuly 11, 2026
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
Big Tech
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
By Marco Quiroz-GutierrezJuly 11, 2026
Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit
Big Tech
Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit
By Sebastian HerreraJuly 10, 2026
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
Middle East
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
By Jason MaJuly 10, 2026
A row of people sit in a zoning meeting, many looking down or around the room.
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
By Sasha RogelbergJuly 10, 2026
Newsletters
MPW DailyBy Emma Hinchliffe
alt
Fidji Simo steps back from OpenAI—and exposes the fragile hold women still have on power
MarketsBy Jim Edwards
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Strait jacket: Wall Street is worried President Trump has no good options for ending the war with Iran
CEO DailyBy Diane Brady
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40% of Americans didn’t read a book last year. These 3 are worth the exception
Term SheetBy Allie Garfinkle
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In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
Fortune TechBy Andrew Nusca
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The problem with U.S. AI policy
MPW DailyBy Emma Hinchliffe
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Women’s soccer stars fought for equal pay. It’s paying off while the men play in this year’s World Cup
AI
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple
Law
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple
By Mark Gurman and BloombergJuly 11, 2026
Photo of Phoebe Gates
Startups & Venture
‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’
By Sydney LakeJuly 11, 2026
usa
Commentary
For 250 years, work defined American identity. That era Is ending
By Keith Ferrazzi and Wendy SmithJuly 11, 2026
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
Big Tech
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
By Marco Quiroz-GutierrezJuly 11, 2026
Term Sheet podcast
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How this multi-millionaire investor spots billion-dollar ideas | Term SheetJune 24, 2026
Video ThumbnailPlay52:39
The Investor Who Bet on SpaceX, OpenAI and Anthropic Before You Could | Term SheetJune 11, 2026
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Investment bankers built a $2B AI to replace themselves | Term SheetMay 28, 2026
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This creator investor on the truth about the AI gold rush | Term SheetMay 13, 2026
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From a Palo Alto closet to $1 billion revenue: how Gusto cracked small business software | Term SheetMay 7, 2026
Video ThumbnailPlay32:23
How to raise a CEO: The "Godmother of Silicon Valley" Esther WojcickiApril 22, 2026
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The Startup Fighting to Save the American Farm with Modern FinanceApril 8, 2026
Video ThumbnailPlay51:28
How Winston Weinberg built his $11 billion AI Company | Term SheetMarch 18, 2026
Video ThumbnailPlay26:02
Why revenue is an outdated metric | Term SheetFebruary 18, 2026
Video ThumbnailPlay39:10
Chemistry cofounder: "more talented founders than ever" are moving into health care | Term SheetFebruary 4, 2026
Success
Family members sitting on a sofa together
Economy
More noncollege-educated men are living at home and falling out of the labor market, forcing a decline in marriages, all thanks to rising rents
By Catherina GioinoJuly 11, 2026
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
Success
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
By Preston ForeJuly 11, 2026
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
Success
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
By Sydney LakeJuly 11, 2026
usa
Commentary
For 250 years, work defined American identity. That era Is ending
By Keith Ferrazzi and Wendy SmithJuly 11, 2026
From the Magazine
MagazineCiti’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

20,000 layoffs, 14 markets exited, one flatter bank—Jane Fraser’s Citi playbook is working. Wall Street wants to know what’s next.

By Claire ZillmanMay 27, 2026
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
Magazine
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
Magazine
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
By Adam EraceMay 24, 2026
Microsoft lost its way in the AI race. Can Copilot get it back on course?
Magazine
Microsoft lost its way in the AI race. Can Copilot get it back on course?
By Jeremy KahnMay 21, 2026
Why the AI field’s biggest names are betting billions on ‘world models’
Magazine
Why the AI field’s biggest names are betting billions on ‘world models’
By Sharon GoldmanMay 20, 2026
Energy
There’s no escape from inflation as a perfect storm of the ‘Godzilla’ El Niño, AI boom, Trump tariffs, fuel crunch, and Ukraine war keep prices high
Economy
There’s no escape from inflation as a perfect storm of the ‘Godzilla’ El Niño, AI boom, Trump tariffs, fuel crunch, and Ukraine war keep prices high
By Jason MaJuly 11, 2026
Global oil demand is falling, and crude prices are down. But here’s why gasoline, diesel and other refined products are still costly
Energy
Global oil demand is falling, and crude prices are down. But here’s why gasoline, diesel and other refined products are still costly
By Cathy Bussewitz and The Associated PressJuly 11, 2026
Iran’s supreme leader vows revenge for killing of his father after Trump threatens to launch thousands of missiles if Tehran tries to assassinate him
Politics
Iran’s supreme leader vows revenge for killing of his father after Trump threatens to launch thousands of missiles if Tehran tries to assassinate him
By Jon Gambrell, Michelle L. Price, Will Weissert and The Associated PressJuly 11, 2026
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
Energy
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
By Joshua HongJuly 10, 2026
Fortune Rankings
Fortune 500
Fortune 500
By FortuneJune 3, 2026
Most Powerful Women
Most Powerful Women
By FortuneMay 27, 2026
Fortune 100 Best Companies to Work For
Fortune 100 Best Companies to Work For
By FortuneApril 1, 2026
Fortune 500 Europe logo
Fortune 500 Europe
By FortuneOctober 29, 2025
Leadership
Family members sitting on a sofa together
Economy
More noncollege-educated men are living at home and falling out of the labor market, forcing a decline in marriages, all thanks to rising rents
By Catherina GioinoJuly 11, 2026
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
Success
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
By Preston ForeJuly 11, 2026
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
Success
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
By Sydney LakeJuly 11, 2026
usa
Commentary
For 250 years, work defined American identity. That era Is ending
By Keith Ferrazzi and Wendy SmithJuly 11, 2026
From Pilot to Profit
AIAI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.

By Sharon GoldmanJune 9, 2026
Artistic drawing of two employees using several tools at once
AI
Why dbt Labs CEO views AI efficiency and creativity as the same thing
By Sage LazzaroJune 9, 2026
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
AI
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
By Sage LazzaroJune 9, 2026
Artistic rendering of complex systems being simplified by two workers
AI
How Lumen’s ‘maniacal focus’ on KPIs drove measurable AI impact across use cases and the company at large
By Sage LazzaroJune 9, 2026
Artistic rendering of a hacker trying to gain access to a worker's computer
AI
AI is supercharging cyberattacks—and most companies aren’t ready
By Beatrice NolanJune 9, 2026
Features
Photo of young woman with a photo of a pizza
Success
Gen Z grad landed an internship by wearing her university baseball cap to her pizza joint job. Now she works at Cisco
By Orianna Rosa RoyleJune 14, 2026
Photo of Marc Benioff
Magazine
Salesforce CEO Marc Benioff turned his earnings call into a vodcast. Why other Fortune 500 CEOs might follow
By Rachel VentrescaMay 6, 2026
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
Magazine
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
Anduril CEO Brian Schimpf
Magazine
Inside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup
By Allie GarfinkleMay 6, 2026
Real Estate
Trump undercuts GOP midterms message with snub of housing bill
Politics
Trump undercuts GOP midterms message with snub of housing bill
By Katy O'Donnell and BloombergJuly 11, 2026
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
Real Estate
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
By Mia OsmonbekovJuly 10, 2026
Mortgage rates today, July 10, 2026
Personal Finance
Mortgage rates today, July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
Current ARM mortgage rates report for July 10, 2026
Personal Finance
Current ARM mortgage rates report for July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
Great Place to Work Rankings
Best Workplaces in Chicago
Best Large Workplaces in Chicago
By FortuneJune 16, 2026
Best Workplaces in New York
Best Large Workplaces in New York
By FortuneJune 9, 2026
Best Workplaces in Texas
25 Best Large Workplaces in Texas
By FortuneJune 2, 2026
Best Workplaces in The Bay Area
25 Best Large Workplaces in the Bay Area
By Fortune EditorsMay 26, 2026
Commentary
250 Years of InnovationBy Keith Ferrazzi and Wendy Smith
For 250 years, work defined American identity. That era Is ending
medicineBy Matthew T. Drake
America’s bone health is quietly headed for a $19 billion crisis
EducationBy Tim Knowles
AI is about to disrupt millions of jobs. A century ago, America’s answer was to build a new high school
Venture CapitalBy Amit Chaturvedy
Physical AI’s $50 trillion opportunity requires long-term conviction, but the payoff is huge 
climate changeBy Sylvain Johansson, Mekala Krishnan, Kanmani Chockalingam and Annabel Farr
McKinsey Global Institute: Climate planning has prioritized floods. Heat demands equal attention
EducationBy Jason Benedict
AI didn’t break higher education—It exposed the credential trap
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