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Apple disappoints with forecast dogged by supply chain strugglesApple anticipates slower sales growth this quarter due to supply chain issues. The company faces challenges in obtaining necessary parts fo...- US to award GlobalFoundries $300 million to develop faster AI chip linksThe award is part of President Donald Trump's effort to direct CHIPS Act research funding toward critical semiconductor technologies as W...
- SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
- South Korean shares rebound from three-month lowSouth Korean shares saw a rebound on Wednesday after a significant previous day's fall. Investors engaged in dip buying, focusing on domest...
- Indian IT stocks buck global tech slump, climb on earnings beat and AI optimismIndian information technology stocks rallied Tuesday after global AI pressure eased. Coforge reported significant revenue and profit increa...
- 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...
- Nasdaq 100 heads for correction as AI worries rattle investorsThe benchmark reached the correction threshold in just 38 trading days, versus more than 100 sessions during its previous decline.
- 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...
- Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debutChina's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday...
- 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: China stocks rise as CXMT's blockbuster debut lifts market sentimentChinese stocks recovered on Monday after a strong debut by memory chipmaker CXMT Corp. The benchmark CSI300 Index and Shanghai Composite In...
- South Korean shares turn lower as chipmakers fall ahead of earningsSouth Korean shares turned lower on Monday as chipmakers fell. Samsung Electronics and SK Hynix declined ahead of their earnings reports. N...
- Qualcomm tells customers of double-digit price increases: BloombergThe company told customers it could no longer absorb rising supplier costs and had sought alternative components from new suppliers, Bloom...
- China's memory chip makers ride AI boom to new power, US scrutinyChinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major C...
- Nvidia, Amkor strike $1.5 billion chip packaging dealUnder the agreement, Nvidia will make a prepayment to support the expansion of Amkor's US advanced packaging operations, including capacit...
- Intel, AMD sign long-term server CPU deals with Chinese clients as prices surgeThe move highlights a broader consequence of the AI boom: demand has spread beyond AI accelerators to memory, networking gear and server pr...
- Global Market Today: Asian shares rise as chipmakers gain, oil climbsAsian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...
- Nvidia partners with Japan robotics firms on AI developmentNvidia announced a partnership with Japanese companies like Fanuc and Yaskawa Electric. This collaboration aims to advance robotics and art...
- Chipmaker CXMT eyes $9.8 bn in blockbuster China IPOChina's leading memory chipmaker ChangXin Memory Technologies is seeking billions in an IPO. This move aims to bolster the nation's artific...
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