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Kospi selloff resumes, tanks nearly 4% as AI unwinding continues; Iran war uncertainty dents moodSouth Korean stocks fell sharply on Wednesday, with the benchmark KOSPI dropping up to 3.6%, as semiconductor shares resumed their decline ...- Samsung Electronics considers building chip packaging plantSamsung Electronics is exploring a significant investment in Gwangju, South Korea. The company is considering a new advanced semiconductor ...
- India back at no.6 in m-cap league after Korea stock routIndia has reclaimed its position as the sixth largest economy by market capitalization. This shift occurred as South Korea's market cap saw...
- Kospi ends 8% lower as chip rout deepens; Samsung, SK Hynix crash up to 10%South Korea's KOSPI index experienced a significant selloff, plunging 8.23% as investors cashed in on the AI rally, revealing the market's ...
- Sterlite Tech shares slide 5% after rallying 56% in one month. Here's whySterlite Technologies shares hit the lower circuit on Monday as a sharp global selloff in AI and technology stocks dented investor sentimen...
- Nvidia clinches deals with South Korean giants include SK Group to advance AI boomSpeaking to reporters in Seoul, Huang's remarks underscored Nvidia's continued cooperation with SK Hynix, a leading supplier of high-bandwi...
- Nvidia CEO, SK chairman to announce cooperation plan on Monday: ReportNvidia CEO Jensen Huang and SK Group chairman Chey Tae-won are reportedly set to announce a cooperation plan between their companies on Mon...
- AI fever spreads, but are markets masking economic cracks?Investors are pouring money into Artificial Intelligence, even as economic worries grow. SpaceX's massive IPO signals strong AI interest. C...
- Nvidia CEO Jensen Huang says robotics is South Korea's next big sector, points to 'some suprises'He was talking to reporters after arriving at Gimpo airport in South Korea on a flight from Taiwan.He was talking to reporters after arri...
- Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearancesWhile a celebrity in his own right, the charm push by the Taiwan-born 63-year-old highlights South Korea's critical position in the AI land...
- Anthropic expanding Mythos AI model access to India: ReportAnthropic had announced on Tuesday that it gave approximately 150 organisations around the world access to its AI model Mythos, whose abili...
- SK Hynix pans to double wafer capacity in next five years, group chairman saysChey Tae-won was speaking at the Computex conference in Taipei, where executives from some of the world's top technology companies, includ...
- Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executivesSouth Korean tech giants Samsung Electronics and LG Electronics saw their shares surge on Monday. Hopes for AI and robotics collaborations ...
- Nvidia CEO Jensen Huang to visit South Korea: sourceThe chief executive of the world's most valuable company is expected to meet with companies including SK Group, Hyundai Motor Group, LG Cor...
- 5 world market themes for the week aheadGlobal markets are keenly watching U.S.-Iran ceasefire talks and the Strait of Hormuz, alongside crucial U.S. jobs data and euro zone infla...
- Anthropic nears $1 trillion valuation, zooms past OpenAI after latest funding roundThe company’s valuation has more than doubled from $380 billion in February, reflecting its swift rise as a leading competitor in the AI ra...
- Anthropic eclipses OpenAI with valuation of $965 billionAnthropic PBC has raised funding at a $965 billion valuation, overtaking rival OpenAI for the first time. The round was led by Altimeter Ca...
- Meet Sanjay Mehrotra, who went from visa rejections to become CEO of trillion-dollar tech giant MicronSanjay Mehrotra, CEO of Micron Technology, has led the chipmaker to a market valuation exceeding $1 trillion, joining fellow Indian-born te...
- AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
- Samsung’s $416,000 chip worker bonuses may reshape labour battles in South KoreaSamsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory...
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