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# Evening Scan
- URL: https://adjacent.media/scan/2026-05-27-pm/
- Published: 2026-05-27T23:06:09.000Z
- Updated: 2026-05-27T23:06:10.000Z
- Description: Memory chips had a big day — SK Hynix crossed $1T in market cap, hot on Micron’s heels, and the AI inference funding machine kept spinning. Nvidia servers were smuggled through Japan again, a recurring sentence in recent months.
- Author: Jonathan Greene
- Tags: #scan-pm, #scan

Memory chips had a big day — SK Hynix crossed $1T in market cap, hot on Micron's heels, and the AI inference funding machine kept spinning. Nvidia servers were smuggled through Japan again, a recurring sentence in recent months.

> **900%+** — SK Hynix's share gain over the past year, tracking where AI infrastructure spending is actually landing. *(Bloomberg)*

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#### [SK Hynix Joins the $1T Club on AI Memory Dominance](https://www.bloomberg.com/news/articles/2026-05-27/sk-hynix-joins-1-trillion-club-on-ai-memory-chip-dominance?ref=adjacent.media)

Shares jumped 11% today, making it the third Asian company ever to hit the milestone — and the memory chip sector's second trillion-dollar moment in 48 hours. *(Bloomberg)*

#### [Taiwan Suspects Nvidia Chips Were Smuggled to China via Japan](https://thenextweb.com/news/taiwan-nvidia-chip-smuggling-japan-china?ref=adjacent.media)

Three suspects — including a Super Micro SVP — allegedly used false documents to route restricted US servers through a Japanese transshipment scheme. Export controls are generating creative workarounds faster than enforcement can keep up. *(The Next Web)*

#### [Fireworks AI in Talks to Raise at a $15B Valuation](https://www.bloomberg.com/news/articles/2026-05-27/fireworks-ai-in-talks-for-funding-at-15-billion-valuation?ref=adjacent.media)

That would be nearly a 4x jump from its $4B valuation seven months ago. Baseten is reportedly negotiating a similar leap to $11B. AI inference infrastructure is surging alongside the broader AI funding wave. *(Bloomberg)*

#### [Charter Confirms Data Breach After ShinyHunters Extortion Threat](https://www.bleepingcomputer.com/news/security/charter-confirms-data-breach-after-shinyhunters-extortion-threat/?ref=adjacent.media)

ShinyHunters claims 40 million customer records pulled from Charter's Salesforce instance — confirmation came after the threat went public, not before. *(BleepingComputer)*