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Data center spending to more than double to $2.1 trillion by 2028Data center spending has been a fast-growing source of revenue for industrial firms that make generators, construction equipment, switchgea...- SK Hynix drops US IPO plan for Solidigm: ReportThe news comes weeks after SK Hynix said it was reviewing various options to strengthen Solidigm's competitiveness, but that no decisions h...
- South Korea's Kospi crashes 41% from June peak as AI frenzy fizzles out. Can this benefit Dalal Street?South Korea's stock market hit all-time highs before a sharp decline, marked by a 41% drop in the Kospi index since June, which has signifi...
- Nvidia launches OpenShell Reference Architecture to contain AI agentsNvidia said this architecture combines computing hardware, software and security tools to keep agents within defined boundaries aiming to a...
- Micron introduces quarterly employee bonus tied to profitsMicron is implementing a new quarterly bonus scheme for its worldwide employees based on company profits. The bonuses will complement exist...
- Global Market: South Korean shares fall over 1% as chip stocks retreatSouth Korean shares fell as investors booked profits in semiconductor stocks after a sharp rally. Attention shifted to the Bank of Korea’s ...
- 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...
- Einride expands Nvidia partnership to deploy AI reasoning model for self-driving trucksSelf-driving truck company Einride said on Wednesday it would broaden its partnership with Nvidia by testing the chipmaker's AI reasoning m...
- Global Market: South Korean shares jump 3% as chipmakers rally on strong exports, AI demandSouth Korea’s KOSPI surged 3.03% after hitting a six-month closing low, supported by a rally in chipmakers, record semiconductor exports an...
- US Stocks: 3M lifts annual profit forecast on cost controls, price hikes3M has revised its profit outlook for the year, expecting a boost in adjusted earnings per share. Their quarterly revenue reflects growth t...
- Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows: Reuters reportsQualcomm will begin notifying employees of job cuts in November as a part of its annual reviews. CEO Cristiano Amon mentioned the aim is to...
- South Korean shares post more than 6-month closing low as chipmakers fall on AI concerns"The sustainability of the recent rebound was limited as credit and profitability concerns around AI investment remained not fully resolved...
- SK Hynix seeks US nod to expand China chip output, ties approval to US plant: ReportSK Hynix is attempting to obtain approval from the US to export chipmaking equipment to China. This export is intended to facilitate an inc...
- TSMC Q3 profit jumps 69% to record, beating expectationsTSMC, the world's largest contract chipmaker, posted a 69% jump in third-quarter net profit on Thursday, beating market forecasts and hitti...
- SK Hynix conditions new US factory on more US chip equipment exports to China, sources sayThe Trump administration is pressing SK Hynix, Samsung and other foreign chipmakers to build plants in the US in a drive to rebuild US manu...
- 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...
- Global Market: South Korean shares rebound as chipmakers recover after five-day losing streakSouth Korea’s KOSPI rebounded 0.74% on Wednesday as investors bought semiconductor stocks after five consecutive sessions of losses. Samsun...
- 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 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%...
- Micron Technology stock crash today: Why is MU share price at Nasdaq down on Monday?Micron Technology stock today: MU share price at Nasdaq was down on Monday. Chipmaker Micron in September forecast quarterly revenue above ...
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