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Global Market: Japan’s Nikkei plunges over 4% as chip stocks track global tech selloffJapan's Nikkei index tumbled over 4% on Tuesday to a two-month low, led by a deep selloff in semiconductor and AI-related stocks following ...
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 ...
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...
CXMT's 466% listing pop makes it China's most valuable firmCXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia's largest this year, boosting the chipmaker's val...
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...
Memory frenzy fuels CXMT's historic debutCXMT Corp's Shanghai debut is anticipated to be historic after a near-record IPO. The company is poised to become China's largest listed fi...
AMD says its newest AI server is in full production, will ship in monthsThe Helios servers will contain AMD's latest MI455X AI accelerator with its new Venice central processor, both of which are made by Taiwan ...
Intel forecast crushes estimates as AI boom boosts chip demand; shares jumpIntel expects third-quarter revenue between $15.8 billion and $16.8 billion, compared with analysts' average estimate of $15.1 billion, acc...
AI-led boom in IPOs raises concerns about a bustThis has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about w...
Kospi jumps 9% in 3 days after big crash. Is South Korea's stock market heading for another rally?South Korea's Kospi surged 4% on Thursday, extending gains for a third straight session, as stronger-than-expected economic growth and robu...
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD has been seeking to expand its foothold in the fast-growing AI chip market as developers look to diversify beyond Nvidia, while Anthrop...
AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD plans to invest up to $5 billion in Anthropic, alongside a major AI chip supply deal starting 2027. The move strengthens AMD’s position...
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, ...
Global Market: China stocks rebound as state support boosts sentiment, tech shares remain under pressureChinese equities rebounded after steep losses last week as signs of government-backed support lifted investor confidence and sparked buying...
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...