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SOUTH KOREA AI INVESTMENT
South Korean shares rebound as strong exports spur dip-buyingSouth Korean shares rose after early losses due to strong export data that improved investor sentiment. Exports from South Korea nearly dou...
Andhra Pradesh beats Tamil Nadu to win Rs 1,614 crore investment from three Hyundai, Kia suppliersThree South Korean automotive component manufacturers have committed to invest ₹1,614 crore in Anantapur, Andhra Pradesh. Hwashin, Seoyon, ...
South Korea's Lee vows to make bold AI investment in record budget pushHis administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion)...
FPI buying returns to Dalal Street as global investors rethink AI betsForeign portfolio investors have shifted from aggressive selling to net buying of Indian equities recently. They invested nearly $1.2 billi...
Asia chip firms see strong AI demand; market jitters continueAsian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young ...
Global Market: Japan's Nikkei falls 3% as AI spending concerns hit chip stocks; BOJ holds ratesJapanese shares fell sharply as concerns over the profitability of AI investments sparked a global technology sell-off. The Nikkei 225 drop...
Nvidia's web of AI bets: smart strategy or bubble risk?Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...
North Korea fires missile barrage toward the sea as tensions with South riseIn a show of defiance, North Korea has test-fired nearly 10 short-range ballistic missiles into the sea off its eastern shores amid rising ...
Global Market: Samsung Electronics posts record $80.5 billion quarterly operating profit on AI chip boomSamsung Electronics reported record quarterly operating profit of 107.4 trillion won, driven by surging AI memory chip demand. Despite stro...
Samsung keeps shattering profit records as AI boom lifts chip demandRevenue for the July-September period rose to an all-time high at 195.3 trillion won (USD 146 billion), marking the company's fourth straig...
Samsung logs record $80.5 bln profits despite investor AI jittersMassive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investo...
Infosys, TechM, TCS, other IT stocks plunge up to 5%, extend losses as global AI trade rebounds. What lies ahead?Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hyni...
AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocksIndian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion...
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...
Social gaming platform Matiks raises $10 million in funding led by General CatalystThe startup will use the fresh capital to expand internationally, invest in new games and social experiences, and launch an artificial inte...
Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
Kim Jong Un is making world's 'strongest' military: Nuclear weapons, AI-powered systems, hypersonic missiles & combat plan put North Korea in focusNorth Korean leader Kim Jong Un urged his military to train to become the strongest in the world at a two-day meeting of company commanders...
South Korea's Kospi crashes 41% from June peak as AI frenzy fizzles out. Can this benefit Dalal Street?South Korea's stock market hit all-time highs before a sharp decline, marked by a 41% drop in the Kospi index since June, which has signifi...
Samsung Electro-Mechanics gets $2.8 billion chip investment from Tesla, Nvidia, report saysTesla will invest 1.1 trillion won and Nvidia 2.6 trillion won to build the production lines in the South Korean city of Sejong to supply t...