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CHINA CHIPMAKER
Chinese chipmaker YMTC puts IPO on hold as weaker markets weigh, sources sayThat process has been put on hold due to "various factors", according to an internal note YMTC sent to its staff and seen by Reuters. It di...- SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is seeking US export licenses to equip its Dalian plant, arguing that increased production there would help fund its planned US ex...
- China stocks struggle near one-year lows despite fresh government support measuresChinese stocks struggled near one-year lows despite fresh government measures to support the market, as investors remained cautious ahead o...
- Chinese yuan hits over two-week low against dollar as PBOC signals caution on appreciationChina’s yuan weakened to a more than two-week low against the dollar after the central bank set a weaker daily fixing and raised foreign ex...
- SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is awaiting approval from US officials for equipment necessary for expanding production in China. The company aims to increase its...
- Global Market Today: Asian stocks slide as US chip selloff deepensThe MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a thre...
- Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
- China's robot makers have mastered the moves. Now comes the race for brainsThe shift is fuelling an investment boom in embodied AI, a field focused on software that allows robots to understand their surroundings, l...
- Global Market: China stocks extend losing streak to 12 weeks as global AI selloff hits tech sharesChina's CSI300 index fell to a one-year low, extending its losing streak to 12 weeks as a global AI stock selloff weighed on technology sha...
- China's CXMT to start advanced AI memory production despite poor yieldsThe decision highlights China's intense shortage of the AI memory chips, which are essential to a government-backed push to develop domesti...
- Global Market: China, Hong Kong stocks rebound as SK Hynix earnings lift AI optimismChinese and Hong Kong stocks rebounded after two sessions of losses, led by technology shares amid renewed optimism over artificial intelli...
- Anduril and Qualcomm plan to build laptop with US supply chainThe companies unveiled a new product line on Tuesday called BlueChip intended to supply “America’s most critical industries — including gov...
- In China, the AI bubble has already burstWhile global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs on...
- ByteDance founder Zhang Yiming reclaims top spot in China's rich list, thanks to his firm's AI pushThe rankings released by The Hurun Research Institute on Tuesday reflected that the country's high-tech sectors were rising but others like...
- In China, the AI bubble has already burstChina's technology sector is experiencing a dramatic decline, leading to extensive financial repercussions for numerous industries. The STA...
- Analysis: In China, the AI bubble has already burstChinese tech stocks, especially in AI and semiconductors, have experienced a dramatic decline in value recently. The mainland STAR50 index ...
- Global Market | SK Hynix weighs $12 billion special dividend ahead of Q3 Results: ReportsSK Hynix said it would announce shareholder-return measures alongside its quarterly results amid reports that it was considering a special ...
- India valuations hit 6-year low, but stocks still expensive than EM peersIndia's equity valuations have reached their lowest levels in six years after a recent market decline. Factors contributing to this decline...
- As the US and China form AI blocs, countries are increasingly torn between themCountries like Kazakhstan are trying to balance between U.S. and China AI initiatives for technological gains. Indonesia has expressed inte...
- Experts see political signaling behind China's EUV claims as major technical hurdles keep commercial chipmaking years awayLangdao Silex, a Chinese startup, has introduced a prototype EUV light source claiming 90 percent domestic components. Experts, however, do...
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