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Gaon Cable to build nuclear cable line in US, targeting SMR market
South Korean cable maker Gaon Cable announced Monday it plans to establish a nuclear power cable production line at its US subsidiary LSCUS in Tabor City, North Carolina. This move aims to meet the growing demand for specialized cables for conventional nuclear reactors and small modular reactors (SMRs) as the US expands its nuclear capacity. The new line will expand Gaon Cable's US-made portfolio beyond overhead transmission lines.
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24H Trending
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Solidigm, a subsidiary of South Korean company SK Hynix, may list in the U.S. with a valuation of up to $150 billion.
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Goldman Sachs Strategists: Expect AI capital expenditure growth to slow in 2027, with earnings growth decelerating from 30% at that time.
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Al Jazeera Analysis: Gaza War Driving Israeli Politics Rightward, Extreme Rhetoric Increasing Ahead of Elections
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Goldman Sachs Strategists: U.S. Stock Market Breadth Narrowest Since Dot-Com Bubble, But Expect Market to Rise by Year-End
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Morgan Stanley: US AI Infrastructure Risk Financing to Reach $33.5 Billion in 2026, Doubling from 2025, as Capital Shifts from Single Components to "AI Factory" System Integration
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Foreign ownership of Samsung Electronics falls to 18-year low of 46.37%, SK Hynix holdings also drop below 50%
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Goldman Sachs Strategists: The AI investment narrative is shifting from hardware to the application layer, with the market eagerly anticipating the "next AI story" such as "personal agents."
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Samsung Electronics has locked in approximately 80% of its memory chip production capacity for next year through long-term agreements, with tech giants vying for the remaining 20%.
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Morgan Stanley: Market Underestimates CATL's Resilience, Maintains "Overweight" Rating for A-shares, Target Price 500 Yuan
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Ripple engineer warns of AI threat: XRP Ledger once had a vulnerability that could mint trillions of XRP out of thin air.
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