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The AI trade trap: Why successful tech stocks are triggering a trillion-dollar market meltdown in Korea, TaiwanA sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks...
Explained: Why Indian stock market has fallen prey to South Korea, Taiwan’s AI prowessSouth Korea's stock market has surged past India's, becoming the world's sixth-largest, driven by its semiconductor giants' AI boom. India ...
First Taiwan, then South Korea? How global AI supercycle is demoting Indian stock marketA global AI-led market shift is driving massive foreign capital outflows from India toward East Asia’s technology hubs, with overseas inves...
Samsung Electronics likely to report surge in quarterly profit to record levelSamsung Electronics is expected to book a six-fold jump in operating profit for January-March - a quarterly record and just shy of what it ...
Intel board chair Frank Yeary to depart after 17 yearsIntel chair Frank Yeary will retire, with Craig Barratt set to succeed him. Yeary served on the board since 2009 and was chair since 2023....
Nvidia’s solid Q4, upbeat guidance, quashes fears of AI slowdown but China overhang remainsNvidia posted a strong fourth quarter, with data centre revenue surging 75% and guidance beating Street estimates, easing concerns of an AI...
Ahead of Market: 10 things that will decide stock market action on FridayDomestic markets showed caution due to trade deal uncertainty, though renewed hopes emerged as negotiations restarted. Metals led gains on ...
SoftBank builds Nvidia, TSMC stakes under Masayoshi Son’s focus on AI gearAt the heart of SoftBank’s AI ambitions is chip designer Arm Holdings Plc. Son is gradually building a portfolio around the Cambridge, UK-b...
TSMC unit TSMC Global acquires fixed-income securities for $12 millionThis investment aligns with TSMC’s strategy to manage cash reserves prudently amid ongoing global economic uncertainties and evolving semic...
Taiwan Semiconductor Manufacturing Company's fourth-quarter profit seen jumping 58% on strong AI chip demandTaiwan Semiconductor Manufacturing Company forecasts a 58% rise in fourth-quarter profit, driven by strong demand for AI applications. Howe...
Typhoon Krathon shuts Taiwan’s $2.5 trillion stock marketTaiwan will close its stock market on Wednesday due to Super Typhoon Krathon. Schools and offices are also closed in many parts of Taiwan. ...
ASML shares fall 7% as China risks cloud solid Q2 earningsThe investor concerns overshadowed second-quarter earnings at Europe's largest technology company that beat forecasts and showed a rise in ...
ASML beats Q2 earnings forecasts; bookings rise on AI demandASML dominates the market for lithography systems, complex tools that use lasers to help create the tiny circuitry of computer chips. Compa...
ASML beats Q2 earnings forecasts; bookings rise on AI demandASML, the top chipmaking tool supplier, reported better-than-expected Q2 net income of $1.74B on €6.2B revenue, attributed to strong China ...
Heat wave, elections to create unlikely earnings winners and losersIndia's scorching summer impacts Avenue Supermarts Ltd. and Bajaj Auto Ltd. DMart sells more ice cream, while Bajaj Auto defers purchases a...
AI boom reshapes Wall Street as TSMC joins trillion-dollar clubThe entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI r...
AI boom reshapes Wall Street as TSMC joins trillion-dollar clubThe entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI r...
Chip wars: How India plans to trot out its old war horse, feeding it $2 billionIndia is looking to revive its Semiconductor Laboratory (SCL) in Mohali, which has struggled to stay afloat due to lack of government atten...
Wondering how iPhones becoming sleeker every year? Thank this Tokyo-based companyChipmakers are making a costly bet on a technology that will cram even more transistors onto silicon.
- Citi's Q1 profit slips to $5b on reorganisation costs
Citigroup said on Monday its first-quarter profits fell 11% to $5.01 billion as the banking powerhouse set aside funds for a major belt-tig...