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Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.- Japan's Nikkei reverses course to end higher as chip-related shares cut lossesJapan's Nikkei index staged a remarkable comeback, closing higher after significant early losses. This reversal was driven by chip-related ...
- Global Market Today: Asian shares slip, oil pares climbGlobal markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in ...
- Latest Malayalam, Tamil, Telugu, Kannada OTT releases: Blast to Baahubali: The Torchbearer, new movies and shows on Netflix, JioHotstar, Prime VideoThis week’s OTT releases bring a wide mix of content. Viewers can watch crime thrillers such as Lingam and Moondram Kan, enjoy martial arts...
- GIFT Nifty tumbles over 150 points as global sell-off in AI stocks rattles sentimentGIFT Nifty signals a weak start for Indian markets after a sharp global sell-off led by declines in AI and semiconductor stocks across Asia...
- South Korean stocks in tailspin as Kospi crashes 8%, head for worst week since MarchSouth Korean stocks experienced a dramatic plunge, exceeding 8% and triggering a trading halt. This sharp decline was primarily driven by a...
- Samsung readies $648 billion bet, report says, as AI boom reshapes South KoreaThe investment, which would include AI data centers, batteries and displays, will be announced at a meeting with President Lee Jae Myung at...
- SK Hynix surges 12% as US listing plan boosts valuation hopesSK Hynix shares surged as much as 12% after the memory chipmaker unveiled plans for a $29 billion US listing, boosting hopes of higher valu...
- Singapore government to help abandoned workers from IndiaHundreds of migrant workers from India and Bangladesh, unpaid for months, are receiving SGD 200 in cash and vouchers from Singapore's labou...
- How SK Hynix's bet on a niche memory chip made it more valuable than SamsungSK Hynix has risen to claim the title of South Korea's most valuable company, a testament to its visionary 14-year investment in high-bandw...
- Global Market: How SK Hynix's AI bet helped it eclipse Samsung in market valueSK Hynix’s rise to South Korea’s most valuable listed company reflects a long-term bet on HBM chips that became central to the AI boom. Bac...
- Around 400 workers from India, Bangladesh accuse Singapore firms of unpaid wagesHundreds of migrant workers, primarily from India and Bangladesh, are alleging non-payment of wages by two Singapore-registered firms. Inve...
- K-Drama on Tech Street: AI rout hits global marketsTechnology stocks experienced a significant downturn, pulling major indices lower as a sharp selloff in Korean chipmakers raised concerns a...
- AI crash coming closer? South Korea’s Kospi plunges 10%, triggers trading haltSouth Korean stocks experienced a sharp decline, with the Kospi index plummeting nearly 10% from its record high. Chip giants SK Hynix and ...
- Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...
- SK Hynix overtakes Samsung to become South Korea's most valuable companySK Hynix has surged past Samsung Electronics to become South Korea's most valuable company, driven by its dominance in high-bandwidth memor...
- Jio Platforms' debut could give RIL top 2 slots in Indian m-cap leagueMukesh Ambani's Reliance group is set to significantly boost its market presence, potentially holding nearly 7% of BSE's total market capit...
- 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 ...
- 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...
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