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Chinese flash-memory chipmaker YMTC plans to raise $4.9 billion in Shanghai IPOThe move sets the stage for a 33 billion yuan ($4.9 billion) share sale on Shanghai's Nasdaq-style STAR Market, that would rank among the...- Samsung Electronics to convene board meeting Friday to discuss shareholder return planSouth Korea's MoneyToday reported on Thursday that the company is set to announce a new shareholder return policy later this month worth ...
- Global Market: SK Hynix unveils stock-based bonus plan for South Korean workersSK Hynix has reached a tentative wage agreement that would shift 60% of employee bonuses into company shares and deferred stock compensatio...
- SK Hynix to pay 60% of employee bonuses in company stock under preliminary dealSK-HYNIX-SK Hynix to pay 60South Korean chipmaker SK Hynix has agreed to pay 60% of employee bonuses in shares and the remaining 40% in c...
- Global Market: South Korean shares surge 6% as chip stocks reboundSouth Korean shares surged over 6%, led by chipmakers SK Hynix and Samsung Electronics, after a steep previous-session selloff. The KOSPI t...
- Marvell shares jump 8% after chipmaker hands Google option to buy $12.2 billion stakeMarvell shares surged 8% after securing a Google agreement to develop custom AI chips and related technologies. Google received a warrant f...
- Marvell gives Google option to buy $12.2 billion stake in custom chip dealMarvell said it would develop AI inference accelerators, storage, networking and memory interface controllers and near-memory computing tec...
- South Korea’s SK Hynix announces buyback after stock crashes 50% in two months, wipes off massive retail wealthSK Hynix announced a record 40 trillion won share buyback and cancellation after its stock plunged nearly 50%. South Korea’s Kospi also tum...
- Samsung hikes chipmaking prices by up to 15% on demand spikeDemand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US custome...
- Nvidia H200 chips reach China in small shipments: FTByteDance and Tencent have each received about 10,000 H200 processors in recent weeks, while a few other Chinese technology firms could soo...
- Cerebras stock tumbles: Will CS-4 revive the AI chipmaker?Cerebras shares fell 12.7% amid valuation and profitability concerns, while its new CS-4 AI accelerator aims to challenge Nvidia. Investors...
- US stocks: Tech selloff weighs down Wall Street as bond yields climbWall Street faced a downturn as escalating tensions in the Middle East triggered a surge in bond yields. A steep decline was particularly e...
- Global Market: Kospi extends winning streak to six sessions, jumps over 2% on chip gainsSouth Korean shares surged 2.73%, extending gains for a sixth session as chipmakers rallied on optimism over AI demand. Samsung Electronics...
- Global Market: China, Hong Kong stocks rise as chipmakers rally on strong earningsChinese and Hong Kong equities advanced, led by technology and semiconductor stocks following strong corporate earnings, while consumer and...
- Nvidia scales back funding guarantee for Ohio OpenAI data centre: WSJAccording to the report Nvidia and OpenAI are nearing an agreement, with the chipmaker expected to provide a financial backstop only for th...
- Goldman in talks with investors on Nvidia financing deal after landing prized roleNvidia announced on August 10 it has partnered with six major financial institutions including Goldman to launch compute platforms aimed at...
- Chinese chipmaker SMIC increases prices on strong AI demandCo-CEO Zhao Haijun said on an earnings call that SMIC raised prices following negotiations with customers in the first quarter, and that it...
- SK Hynix's Korean workers launch unified union amid stalled wage talksThe launch comes as SK Hynix and its existing unions are locking horns over annual wage talks, after the chipmaker posted record quarterly ...
- Samsung, SK Hynix rally as Temasek investment report lifts chip stocksSouth Korean chipmakers rallied significantly after a media report surfaced. Temasek Holdings reportedly plans direct investments in Samsun...
- Global Market: Kospi extends winning streak as AI optimism lifts chip stocksSouth Korean shares rose for a third straight session, with the Kospi gaining 3.46% as chipmakers rallied on optimism over strong AI infras...
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