South Korea's Kospi plunges 8%, extending a two-day slide. What's unsettling the world's hottest market?South Korean stocks experienced a sharp two-day decline, with the KOSPI index plummeting over 10%. This downturn was fueled by concerns ove...
Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
World's three largest memory chipmakers sued in US over DRAM supply shift to AI memoryA class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply...
Europe's STOXX 600 on track for biggest quarterly gain in over five years on AI boostEuropean markets are soaring, marking their best quarterly performance in over five years. Optimism surrounding artificial intelligence and...
Global Markets: S.Korean shares log best quarter in nearly 30 years on chipmaker rallySouth Korean stocks celebrated their best quarter in almost three decades, driven by a phenomenal surge in chipmakers. The KOSPI index soar...
Japan's Nikkei reverses course to end higher as chip-related shares cut lossesJapan's Nikkei index staged a remarkable comeback, closing higher after significant early losses. This reversal was driven by chip-related ...
Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcementSouth Korean markets saw a mixed close Monday as chipmakers recovered from initial sharp declines following a massive $576 billion AI and d...
'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the leadJensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...
US Stock Market: Wall Street eyes jobs data as rate hike bets and tech volatility intensifyIndian investors are keenly watching US jobs data this week for economic health and interest rate cues. Tech stocks, especially chipmakers,...
Don't let AI chip off the old blockThe soaring demand for memory chips driven by artificial intelligence is leading to significant shortages that are affecting various indust...
Apple seeks US approval to buy chips from blacklisted Chinese companyReports suggest that Apple is actively reaching out to the Trump administration in an effort to source memory chips from ChangXin Memory Te...
US stocks Today | US stocks open lower as chip stocks resume slideIndian markets witnessed a dip on Friday, with technology stocks, particularly chipmakers, facing renewed selling pressure. Investors are n...
US stocks | Micron overtakes Meta, Tesla in market value amid relentless AI infrastructure demandMemory chip giant Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a robust AI-fueled surge...
European shares gain as upbeat Micron forecast revives AI rallyEuropean markets opened on a positive note, driven by a surge in technology stocks. Strong forecasts from US chipmakers Micron and Qualcomm...
Nikkei marks record closing high as AI shares rally on Micron forecastTokyo's Nikkei index soared to a record high, surging over 4% on Thursday. This significant jump was fueled by a powerful rally in AI-relat...
SK Hynix dethrones Samsung Electronics as South Korea's most valuable companySouth Korean chipmaker SK Hynix has briefly surpassed Samsung Electronics to become the nation's most valuable company. This surge, driven ...