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CHINA MEMORY CHIPMAKER
Global Market: Why China’s CXMT is putting global memory chip giants under pressureGlobal semiconductor stocks tumbled as Chinese chipmaker CXMT’s reported progress on a new memory chip design raised concerns about intensi...- US stocks | US market edges lower amid chip weakness, mixed bank earningsUS stocks experienced a decline as chip stocks faced selling pressure and banks reported mixed earnings. The Dow Jones Industrial Average f...
- Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...
- US Stock Market prediction for Tuesday: S&P 500, Nasdaq set for volatile trading at Wall Street, Dow Jones, Russell 2000 steady, Nvidia, AMD, Marvell, Micron Technology, Sandisk, JPMorgan Chase, Wells Fargo, Johnson & Johnson shares under scannerUS Stock Market: Nvidia shed 1 per cent while AMD and Marvell Technology eased 1.5 per cent and 2.6 per cent, respectively.
- Global semiconductor stocks sell-off over AI boom worries pulls Asian shares lowerGlobal equities showed mixed performance, with Asian markets notably declining due to major setbacks in semiconductor stocks. A steep fall ...
- Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
- AI traders behaving like casino gamblers? What made chip trade toxic and why that’s good news for IndiaGlobal AI stock enthusiasm hit a roadblock as South Korea's Kospi plunged 7.4% on chip competition concerns and Broadcom's warning on AI sp...
- Global Market Today: Asian shares slide as chip stocks tumble; investors eye US earnings, CPIThe MSCI Asia Pacific Index declined 0.3% with equities in South Korea slipping over 3%. That came after a US gauge of chipmakers fell 2.7%...
- Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...
- Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
- ASML turned an old BBC description into a badge of honor as its chipmaking technology took off - why “relatively obscure” is printed on its hoodieASML has transitioned from being relatively obscure to becoming a key player in the chip technology arena. While it does not manufacture co...
- Global Market Today: Asian stocks rise after US tech rally, oil dropsMSCI’s Asia Pacific equity index climbed 0.3%, a sixth straight day of gains, with Japanese markets closed for a holiday. Bellwether chip s...
- Global AI trade roars back as Meta’s personal agent fuels optimismGlobal AI stocks and chipmakers rallied following the strong debut of Meta's Muse AI agent. The surge boosted semiconductor shares like Sam...
- Global Market Today: Asian stocks climb after tech shares power Wall StreetMSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to ga...
- China's AI chipmakers raise prices as high-bandwidth memory shortage bitesHuawei has lifted the indicated price of its Ascend 950DT accelerator card, which integrates an AI processor with memory and other componen...
- DeepSeek plans big Huawei AI chip order to power new data centreThe startup doesn’t currently plan to use the 950DT chips for training, one of the people said, even though Huawei designed and marketed th...
- Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
- Chinese memory chipmaker CXMT sues Pentagon over 'Chinese military company' designationThe company was designated a Chinese military company by the US Defense Department under the Biden administration and was retained on the l...
- China's CXMT posts first-half profit after revenue surgeFirst-half revenue soared 873.64% from a year ago to 150.3 billion yuan ($22.36 billion). Net profit totalled 77.6 billion yuan, compared t...
- Global Market: China stocks rise as Nvidia outlook boosts AI and hardware sharesChina’s mainland stocks rose on Thursday, led by AI, semiconductor and hardware companies after Nvidia delivered an upbeat revenue outlook,...
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