Disney shareholders back CEO Iger and sitting directors, defeating activists’ campaign

Apr 3 (Reuters) – Walt Disney shareholders have backed Chief Executive Bob Iger and other company directors, ending a multimillion-dollar mud-slinging battle launched by activist investors Trian Fund Management and Blackwells Capital. The vote to re-elect all 12 of Disney’s current board members, announced at the company’s annual shareholder meeting on Wednesday, defeated the campaign…

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Nvidia supplier SK Hynix to invest $3.87 billion in US chip packaging plant

SEOUL (Reuters) – SK Hynix, the world’s second-largest memory chip maker, said on Wednesday it will invest around $3.87 billion to build an advanced packaging plant and research and development facility for AI products in the U.S. state of Indiana. The new plant will include an advanced chip production line to mass-produce next-generation high bandwidth…

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