Could AI chip boom make ASML Europe's first trillion-dollar firm?After blowout second quarter earnings, investors and analysts are asking a once far-fetched question: could ASML become Europe's first ever...
Chipmakers and other high-flying stocks slide as AI trade wobblesAs July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-tak...
India losing out on up to $7 billion in apparel exports due to supply chain gaps: StudyIndia misses billions in apparel exports due to poor supply chain coordination. Improved planning and execution can boost garment exports s...
Korea’s AI stock rout is becoming a lesson in leveraged excessSouth Korea's AI stock boom is now a cautionary tale of leverage's power. SK Hynix's plunge triggered billions in stock sales, deepening th...
Global Market Today: Asian stocks rise after soft US CPI, Kospi ralliesAsian shares advanced as softer US inflation data eased rate hike concerns. The artificial intelligence trade gained renewed strength, boos...
Global Market Today: Asian shares trade mixed; Brent climbs past $85Oil prices climbed amid escalating US-Iran tensions and concerns over supply disruptions. Treasury yields rose as traders considered potent...
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...
Global Market: Japan's Nikkei closes lower as oil price jump dims corporate outlookJapan's Nikkei share average closed lower as oil prices rose due to renewed Middle East conflict. Investors weighed the corporate outlook a...
SK Hynix shares jump in marquee US debut as AI euphoria persistsSK Hynix's Nasdaq debut saw its shares jump significantly after a large share sale. This event signals strong investor enthusiasm for chip ...
SK Hynix shares jump 14% in debut on US stock market riding on AI waveSK Hynix shares surged 14% in their Nasdaq debut after a $26.5 billion offering, highlighting strong investor demand for AI-linked chip sto...
South Korean billionaire's risky bet pays off, as SK Hynix debuts in New YorkSouth Korean billionaire Chey Tae-won's bold acquisition of SK Hynix has paid off significantly. The company is now a leading producer of h...
South Korean billionaire's risky bet pays off, as SK Hynix debuts in New YorkSouth Korean billionaire Chey Tae-won's bold acquisition of SK Hynix has paid off significantly. The company became a major AI chip produce...
Global markets are mixed and oil prices rise as Iran and US launch new attacksGlobal markets show mixed early trading as oil prices rise modestly. Fresh attacks between Iran and the United States threaten a fragile re...
Near-ruin to riches: The story of chip giant SK hynixSouth Korean chipmaker SK hynix faced significant financial challenges after its founding in 1949. SK Group's 2012 buyout and focus on HBM ...
TCS, Infosys and other Indian IT stocks rise up to 4% after AI worries trigger Kospi selloffIndian IT stocks climbed despite a sharp sell-off in Asian chipmakers, as investors positioned for Q1 earnings. Indian IT stocks have had a...
Samsung to invest $90 billion in South Korea's Chungcheong provinceSamsung Group is set to inject a massive 140 trillion won ($90 billion) into South Korea's central Chungcheong province. This significant i...
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.