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Global Market: SK Hynix approves $38.3 billion investment plan through 2031 to expand AI chip productionSK Hynix approved investments of 54.3 trillion won through 2031 to expand semiconductor production, targeting rising AI-driven demand. Fund...- Samsung, SK Hynix test Chinese chip tools as hedge against US risksThe memory chipmakers began testing AMEC etching equipment about two years ago, when uncertainty was mounting over whether Washington would...
- CXMT plans second chip plant in Beijing and is in talks on its funding, sources sayChina's largest chipmaker CXMT is planning a new memory-chip plant in Beijing. This facility would be built in the Yizhuang area where anot...
- AI keeps consumer prices high in 'RAMaggedon' chip crunchMemory chip prices are rising significantly due to artificial intelligence demand. This shortage is impacting consumer electronics and pote...
- Chris Wood warns AI capex binge may burn billions as markets turn against Big Tech spendingWood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the...
- Samsung sees chip shortage extending to 2028, touts long-term supply dealsSamsung Electronics announced a significant chip profit increase and new supply agreements. The company expects global chip shortages to wo...
- India's mobile phone exports jump 165-fold in a decade to Rs 2.59 lakh crore: GovtIndia's mobile phone exports have surged significantly over the past decade. Mobile phone production has also expanded dramatically, reflec...
- China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
- Why SK Hynix shares crashed despite record Q2 earningsDespite record profits and revenue, SK Hynix shares plunged as earnings missed lofty expectations, AI memory shipments lagged, and investor...
- SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
- Memory giant Micron picks L&T for $2.75 billion Sanand plant phase-2Micron has also onboarded Singapore-based Meinhardt, which also worked on phase one, to handle the design of the project, while Turner Inte...
- Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debutChina's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday...
- Explainer: Why investors are betting big on China’s chipmaker CXMTChina's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shangha...
- China memory chipmaker CXMT set for Shanghai debut after Asia's biggest IPOAt the IPO price, CXMT is valued at about 579 billion yuan ($85.5 billion) before the possible exercise of the over-allotment option, makin...
- Memory frenzy fuels CXMT's historic debutCXMT Corp's Shanghai debut is anticipated to be historic after a near-record IPO. The company is poised to become China's largest listed fi...
- Chipmaker CXMT debut spotlights China's state-funded path to tech powerChipmaker CXMT's significant IPO showcases China's state-led funding model for strategic technology. Hefei city investors hold a substantia...
- Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investmentChina's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 bi...
- Samsung, SK Hynix advance new memory layer to tackle AI scaling limitsSamsung Electronics and SK hynix pushed to commercialize a new class of memory as artificial intelligence outgrew high-bandwidth memory alo...
- China's CXMT targets global DRAM giants with record $8.5 billion IPOChinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it...
- Global Market: CXMT's $8.6 billion IPO draws strong demand despite cooling enthusiasm for chip stocksChinese memory chipmaker CXMT Corp's IPO saw oversubscription by institutional investors. This robust demand highlights continued investor ...
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