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SAMSUNG AI CHIP STRIKE SHAKES
Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...02 Jul, 2026, 02.12 PM IST- Seoul stocks plunge 8% as Samsung, SK hynix shares tumbleSouth Korean stocks plunged nearly eight percent at close Thursday as tech giants Samsung and SK hynix tumbled on fears of slowing AI chip ...02 Jul, 2026, 12.52 PM IST
- 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...02 Jul, 2026, 11.14 AM IST
- Ex-Intel exec Raja Koduri's OXMIQ raises $35 million to build licensable AI chip architectureAI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to demo...01 Jul, 2026, 08.15 PM IST
- Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risksSouth Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This am...01 Jul, 2026, 09.47 AM IST
- Samsung, SK Hynix mega South Korea chips gamble tests optimism of AI cycleSouth Korean tech giants Samsung and SK Hynix are investing billions in AI chip production, a move lauded by President Lee Jae Myung. While...30 Jun, 2026, 02.13 PM IST
- Korea taps Samsung, SK Hynix in $576 billion AI-chip drive to cement global leadershipThe plan, anchored by Samsung Electronics and SK Hynix, marks Lee's boldest push yet to align South Korea's AI and chip ambitions with his ...29 Jun, 2026, 04.22 PM IST
- 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.29 Jun, 2026, 04.18 PM IST
- 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 ...29 Jun, 2026, 01.16 PM IST
- 'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...29 Jun, 2026, 12.25 PM IST
- South Korean president to unveil massive AI and chip investment driveLee will preside over the event, framed as a national "great leap" due to be unveiled around 0500 GMT, his office said, with ministries c...29 Jun, 2026, 08.01 AM IST
- Don't let AI chip off the old blockThe soaring demand for memory chips driven by artificial intelligence is leading to significant shortages that are affecting various indust...28 Jun, 2026, 11.20 PM IST
- South Korea’s favourite AI stocks slide again, drag Kospi index down 8%Heavyweights Samsung Electronics and SK Hynix, which together account for more than half of Kospi's market cap, fell around 9% each on Frid...26 Jun, 2026, 03.42 PM IST
- 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...26 Jun, 2026, 08.43 AM IST
- Hyundai Motor's South Korean union approves strike action over stalled wage talksHyundai Motor's South Korean union members have voted to authorize a strike, signaling potential production halts. This action stems from u...24 Jun, 2026, 02.54 PM IST
- 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...24 Jun, 2026, 10.08 AM IST
- Samsung's HBM4 sales cross $1 billion within four monthsSamsung Electronics Co. recorded more than $1 billion in sales for its sixth-generation high bandwidth memory (HBM) chips, known as HBM4, j...23 Jun, 2026, 01.28 PM IST
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