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Global Market: AI-driven chip rally stumbles as investors question lofty valuations after sharp selloffGlobal artificial intelligence stock rallies experienced a sharp setback last week. Investors are now reassessing expectations surrounding ...
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 ...
Micron signs deals with Qualcomm, others for AI-powered automobile chip componentsThe agreements come as the industry races to expand manufacturing capacity to meet the booming demand for memory chips due to the rapid a...
US stocks today: S&P 500, Nasdaq fall as chip stocks weaken; earnings and data in focusThursday saw declines in the S&P 500 and Nasdaq indexes, primarily due to a renewed slump in chip stocks that outweighed positive earnings ...
Chipmaker CXMT eyes $9.8 bn in blockbuster China IPOChina's leading memory chipmaker ChangXin Memory Technologies is seeking billions in an IPO. This move aims to bolster the nation's artific...
Global semiconductor manufacturing equipment sales to reach $165 billion in 2026: industry bodyTotal equipment sales are forecast to reach a record $229.5 billion by 2028, marking five consecutive years of growth due to AI-driven dema...
Samsung, SK hynix, Micron ramp up capacity as demand for AI infrastructure outpaces supplyGlobal memory chipmakers are expanding production capacity to meet AI demand. Samsung, SK Hynix, and Micron are investing billions in new f...
SK Hynix sinks after Nasdaq debut amid profit-taking, easing earnings optimismSK Hynix shares declined significantly in Seoul trading on Monday. This followed a strong debut for its American Depositary Receipts on Nas...
Korea’s SK Hynix shares make stellar US market debut, rocket 13% on continued AI optimismSK Hynix's U.S. shares surged thirteen percent on their Nasdaq debut. The South Korean chipmaker raised twenty-six point five billion dolla...
Global Market: SK Hynix's Nasdaq ADR debut raises $26.5 billion amid AI chip boomSouth Korean chipmaker SK Hynix successfully raised $26.5 billion through its ADR offering. This significant fundraising highlights robust ...
US stocks today: Nasdaq rallies to sharply higher close; chip surge offsets Iran worriesUS markets closed higher led by chip stocks, with Micron boosting sentiment through a massive investment plan tied to AI demand. Gains came...
Micron to invest up to $3 billion in US chip supply chainMemory chip firm Micron Technology said on Thursday it plans to invest up to $3 billion to strengthen the U.S. semiconductor supply-cha...
Nvidia's slide sends valuation back to pre-AI boom levelsNvidia's stock has experienced a substantial market value decline recently. This chipmaker's shares are now trading at their lowest valuati...
U. S Stock Market today: Why are Nvidia, Micron Technology, Sandisk, Intel shares down on Tuesday?U. S Stock Market on Tuesday: Chip stocks have been some of the biggest winners of the AI trade so far this year amid hopes of insatiable A...
Micron, Ford sign semiconductor supply agreement for vehiclesMicron Technology has inked a significant long-term deal with Ford Motor, ensuring a steady supply of essential memory and storage chips fo...
SK Hynix makes US debut with $29-billion listingSouth Korean chipmaker SK Hynix is making a massive $29 billion US stock market debut, aiming to boost its valuation and compete with rival...
Micron, GM sign semiconductor supply agreement for vehiclesMicron Technology has signed a supply agreement with General Motors to provide memory and storage platforms for the automaker's vehicles, s...