Terrestrial Energy Inc. /DE/ (IMSR): Submission of Matters to a Vote of Security Holders

Riot Platforms’ shares rose 57.3% in May 2026, and were up 114% year to date as of June 4, according to S&P Global Market Intelligence. The stock gained 27% in two days after Riot announced a new power source for future data centers. Riot partnered with Terrestrial Energy to expand molten salt reactor plans near its Texas and Kentucky sites, though timelines and revenues were not specified.

Terrestrial Energy (IMSR) held its first public earnings call after its transition to public markets. The company reported a $28 million net loss for 2025, driven by higher R&D and G&A costs, and said year-end cash and short-term investments were $298 million. It cited DOE OTA awards, NRC acceptance of a topical report, and selection to site a full-scale IMSR plant at Texas A&M’s RELLIS campus.

SK Hynix’s board approved Aug 7, 2026 capital of ₩54.3T ($38.0B) for two South Korea fabs. Yongin Y2 DRAM fab gets ₩35.2T ($24.6B) and Cheongju M17 NAND fab gets ₩19.1T ($13.4B). First meaningful output is no earlier than 2029. Article cites US has no HBM wafer capacity and packaging grants cover assembly, not wafers.

Duke Energy (NYSE:DUK) plans a $10 billion equity issuance to fund gas generation projects linked to rising data center power demand. The company says it reached a multiyear North Carolina rate settlement that lowers earlier proposed rate hikes and includes refund provisions tied to project timing and federal tax credits. The move affects its capital plan, balance sheet, and customer pricing.

BP PLC fired Chairman Albert Manifold months after he took the role, citing serious concerns about governance standards, oversight, and conduct, according to BP’s board. BP shares fell about 9.3% after the news, with the stock at 529 pence in London. The move adds to leadership churn as BP seeks a turnaround under CEO Meg O’Neill.

SK Hynix is considering options for its Chongqing, China semiconductor packaging and testing facility, including possibly bringing in an investor to accelerate growth. People familiar said a potential stake sale could value the plant at about US$3 billion and SK Hynix may keep a minority stake. Separately, it plans a 54 trillion won (US$38 billion) South Korea expansion for DRAM and NAND.