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GLOBAL CHIP SHORTAGE
South Korea July exports beat forecasts on robust demand for AI investmentsSemiconductor exports jumped 179% as memory chip prices continued to rise despite the issues of Apple's potential use of Chinese memory ch...- Apple set to lose nearly $500 billion in value after weak forecastApple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impa...
- Apple shares tumble 9% on supply worries, on track for worst single-day fall in over 6 yearsApple shares plunged over 9% after the iPhone maker issued a weaker-than-expected outlook, warning that AI-driven component shortages are s...
- US stocks: Nasdaq leads Wall Street gains as Amazon rally offsets Apple declineThe Nasdaq opened higher on Friday, boosted by Amazon's strong cloud revenue growth. This performance eased concerns about artificial intel...
- MediaTek plans $5 billion financing for AI data-center chipsMediaTek approved five billion dollars for long-term growth and AI chip expansion. The company aims to reduce smartphone reliance and suppl...
- Korea’s leverage trap has an echo in IndiaIndian brokers are lending large sums to retail investors, creating systemic risk. Retail investors are borrowing heavily to buy stocks at ...
- Apple revenue, profits beat expectations on iPhone, Mac salesApple said sales for its fiscal third quarter ended June 27 were up 16.4% to $109.42 billion, compared with analyst estimates of a 15.5% ri...
- Apple posts record June quarter revenue in India, Mac sales hit all-time highApple achieved record revenue in India during the June quarter. Mac computers recorded their best sales performance in the country. This gr...
- Samsung AI demand drives record chip earnings amid foundry and mobile hurdlesSamsung's semiconductor business achieved record second-quarter performance driven by AI server memory demand. However, its foundry operati...
- Samsung sees chip shortage extending to 2028, touts long-term supply dealsSamsung Electronics announced a significant chip profit increase and new supply agreements. The company expects global chip shortages to wo...
- Samsung foldables now account for over 20% of flagship sales in India, says Southwest Asia CEOSamsung's foldable phones now represent over twenty percent of flagship sales in India. The company anticipates further growth as consumers...
- 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...
- 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...
- South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big techThe partnership includes the long-term supply of $750 billion in memory chips to US companies by SK Hynix and $200 billion in chips by Sams...
- AI memory shortage threatens to trigger geopolitical strain, warns SK Group chiefSK Group Chairman Chey Tae-won warned that the global shortage of artificial intelligence memory chips could escalate into a geopolitical i...
- China's CXMT targets global DRAM giants with record $8.5 billion IPOChinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it...
- TSMC expects 'strong, multi-year' demand for AI chips as it ramps up Arizona investmentSpeaking after blockbuster second-quarter results on Thursday, Chief Financial Officer Wendell Huang said the company is "very happy" with ...
- Government approves Rs 1.27 lakh crore ISM 2.0, expects Rs 4 lakh investmentsThe government expects ISM 2.0 to bring in investments worth Rs 4 lakh crore, production worth Rs 2 lakh crore and exports of Rs 1 lakh cro...
- 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...
- China temporarily bans helium exports as US-Iran tensions flare againHelium is essential for heat management in semiconductor production. The helium ban is the latest example of Beijing seeking to prevent dom...
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