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China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...- IT stocks on a roll: TCS, Infosys, Coforge and others rally up to 5% for second straight day. What's driving this surge?Indian IT stocks rallied for a second straight session, buoyed by strong Q1 earnings, optimism around AI-driven demand and improving invest...
- $600 billion wiped out in a month, cracks exposed in SK Hynix chipsSK Hynix shares have seen a significant decline recently. Concerns about market overcrowding and leverage have impacted the stock. Recent r...
- A machine made by China sends shockwaves in the chip industryChina has begun mass-producing its own lithography machines, challenging ASML's global dominance. This development marks a significant step...
- Explained: The $400 million ASML 'printers' key for the AI chip boomAdvances in AI and a global buildout of data centres have led chipmakers to expand capacity rapidly. ASML supplies tools to TSMC, which mak...
- China's chip tool push shows ASML caught in US-China squeezeOn the one hand, US controls on exports of high-tech goods to China are threatening to reduce access to a major market; and on the other, B...
- Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firmsEuropean stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consu...
- South Korea’s Kospi tanks 10% despite US-Iran war optimism. Here are 4 reasons whySouth Korea's Kospi plunged more than 10% on Tuesday as a global semiconductor sell-off battered technology heavyweights. SK Hynix tumbled ...
- TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-...
- Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boomSouth Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops...
- South Korea's KOSPI drops 7% as global chipmaker selloff deepensSouth Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising com...
- China begins making homegrown DUV chipmaking tools: The InformationThe machines are expected to be delivered this year to leading Chinese chipmakers, including Semiconductor Manufacturing International Co...
- Global Market: ASML's AI-fuelled rally raises prospects of becoming Europe's first trillion-dollar companyThe artificial intelligence boom has propelled Dutch chip equipment maker ASML to become Europe's most valuable listed technology company, ...
- Could AI chip boom make ASML Europe's first trillion-dollar firm?After blowout second quarter earnings, investors and analysts are asking a once far-fetched question: could ASML become Europe's first ever...
- Global Market: ASML raises 2026 outlook as AI boom drives strong earnings, plans capacity expansionASML raised its 2026 revenue guidance to €43-45 billion, up from €36-40 billion, after beating Q2 estimates on surging AI chipmaking demand...
- Chip toolmaker ASML expected to shine light on capacity and China challengesThe Netherlands-based business is Europe's most valuable listed company with a market capitalisation of €610 billion ($696 billion) after t...
- Explainer: How China's chip equipment manufacturing sector stacks upChina has been the biggest buyer of wafer fabrication equipment for the past two years. In 2024, it purchased $41 billion worth of tools, a...
- Dutch government retakes export control over two ASML tools from USASML said in a statement that it did not expect the change in oversight to impact earnings this year or in the future. Shares of the Nether...
- Netherlands to restrict semiconductor tech exports to China, joins US effortThe announcement marked the first concrete move by the Dutch, who oversee essential chipmaking technology, toward adopting rules urged by W...
- US wants Dutch supplier to stop selling chipmaking gear to ChinaWashington’s proposed restriction would expand an existing moratorium on the sale of the most advanced systems to China, in an attempt to t...
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