Global Market Today: Asian stocks advance on resurgent AI optimismThe MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix...
Global Market: European shares fall as HSBC earnings drag banking stocksEuropean shares fell as HSBC's disappointing revenue weighed on banking stocks, while political unrest in France dampened investor sentimen...
Global Market: HSBC third-quarter profit jumps 32% to $9.6 billionHSBC has announced a remarkable 32% rise in pretax profits for the third quarter, totaling $9.6 billion. This surge is attributed to increa...
Global Market: South Korean shares jump over 4% as AI chip rally lifts Samsung, SK HynixSouth Korean shares surged 4.39% as AI investment optimism, strong semiconductor demand and better-than-expected third-quarter economic gro...
Global Market | SK Hynix weighs $12 billion special dividend ahead of Q3 Results: ReportsSK Hynix said it would announce shareholder-return measures alongside its quarterly results amid reports that it was considering a special ...
Global Market: South Korean shares fall over 1% as AI trade concerns weigh; won strengthensSouth Korean shares fell as AI-related concerns weighed on sentiment ahead of major US technology earnings. The won strengthened against th...
Global Market Today: Asian shares slip as AI jitters deepen ahead of big tech earningsMSCI Inc.’s Asia Pacific equities gauge fell 0.2% ahead of this season’s busiest earnings week in Asia. US equity-index futures erased earl...
SK Hynix drops US IPO plan for Solidigm: ReportThe news comes weeks after SK Hynix said it was reviewing various options to strengthen Solidigm's competitiveness, but that no decisions h...
South Korean shares post more than 6-month closing low as chipmakers fall on AI concerns"The sustainability of the recent rebound was limited as credit and profitability concerns around AI investment remained not fully resolved...
Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peakChip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32...
Global Market: South Korea regulator says Solidigm US listing may breach dual-listing rulesSouth Korean regulators are examining whether a US listing of SK Hynix subsidiary Solidigm would breach dual-listing rules. The review rais...
Samsung to use TSMC technology for Nvidia's next-generation memory chips: ReportNvidia has asked Samsung, SK Hynix and Micron Technology to use TSMC's process for NVHBM base dies, and sixth-generation DRAM technology fo...
SK Hynix seeks US nod to expand China chip output, ties approval to US plant: ReportSK Hynix is attempting to obtain approval from the US to export chipmaking equipment to China. This export is intended to facilitate an inc...
South Korea triggers 'sidecar' trading halt, KOSPI slumps nearly 8%On Thursday, South Korea's KOSPI index plummeted, triggering a trading halt. This sharp decline was primarily driven by a tech-led selloff ...
SK Hynix conditions new US factory on more US chip equipment exports to China, sources sayThe Trump administration is pressing SK Hynix, Samsung and other foreign chipmakers to build plants in the US in a drive to rebuild US manu...
Global Market: Why China’s CXMT is putting global memory chip giants under pressureGlobal semiconductor stocks tumbled as Chinese chipmaker CXMT’s reported progress on a new memory chip design raised concerns about intensi...
US chip stocks slide as China’s CXMT advances; AI spending fears rattle investorsShares in US chip manufacturers tumbled, primarily influenced by memory and data storage firms, following competitive moves from China's CX...