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...
Global Market: China stocks slide to one-week low as AI valuation concerns hit tech sharesChinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-...
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...
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...
ASML to offer employees €20,000 retention bonus for staying in 2027-2030The company confirmed the plan, first reported in Eindhovens Dagblad, on Monday in an emailed statement.
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...
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...
Beyond Nvidia: The hidden winners of the AI investment boomThe real money in the AI build-out is being made where physical capacity can't keep pace with capital, argues Subho Moulik, Founder & CEO a...
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...
Intel turns to next-generation ASML tool to help make its laptop chipsFollowing experiments that began in 2024, Intel has begun to use ASML's next-generation high numerical aperture (High NA) extreme ultravi...
Global semiconductor manufacturing equipment sales to reach $165 billion in 2026: industry bodyTotal equipment sales are forecast to reach a record $229.5 billion by 2028, marking five consecutive years of growth due to AI-driven dema...
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...