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South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
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...
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...
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: 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 Markets: Japan's Nikkei rises as oil falls before key earningsJapan's Nikkei share average closed higher on Monday, boosted by lower oil prices. Investors remained cautious due to upcoming major earnin...
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...
Japan's Nikkei trades sideways as investors await earningsJapan's Nikkei share average saw little direction on Monday. Oil prices dropped significantly after the US suspended attacks on Iran. Inves...
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...
STMicro's Q3 revenue view slightly lags estimates even as chip demand recoversThe Franco-Italian chipmaker forecast third-quarter revenue of $3.70 billion, plus or minus 3.5%, compared with analysts' average estimat...
Advanced chipmaking tool arrives at New York state innovation hubA significant chipmaking tool from ASML has arrived in New York. This advanced equipment will drive research into future chip designs and m...
Chipmakers head for big profit gains, but will it be enough?Chipmaker shares are experiencing significant price swings on Wall Street this month. Investors anticipate these companies will drive much ...
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, ...
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...
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...