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Global AI stocks slide as tech leaders call for a slower development of superintelligenceShares of SoftBank, which owns about 13 per cent of OpenAI, fell over 11 per cent on Monday. South Korea's benchmark index Kospi, home to m...
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's developmentAnthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse o...
Global Market: Samsung, SK Hynix reject $18.7 billion upfront power payment proposalSamsung Electronics and SK Hynix have rejected KEPCO’s proposal for a 25 trillion won upfront payment to fund electricity infrastructure fo...
Govt eyes supply chain matchmaking at Semicon 2026As part of the exercise, the Centre has identified Indian equipment, sub-assembly and component makers that will hold roundtable discussion...
Global Market: South Korean shares fall as AI concerns weigh; won strengthensSouth Korean shares fell sharply on Monday, led by technology stocks, as concerns over the pace and risks of artificial intelligence develo...
South Korea's expanded espionage law takes effect amid push to protect chip technologyThe National Assembly passed the revised Criminal Act on February 26 after years of criticism that existing laws were ill-suited to punish...
Automotive vision AI company Stradvision eyes India expansion in 2027, aims to hire engineering talentStradvision is set to unveil its AI automotive vision software in India by 2027, as part of its strategy to grow its local footprint and re...
OpenAI says working with Samsung on next-generation chips, deepening cooperationThe cooperation comes as Samsung broadens its use of generative AI. The company said in June that workers in its Device eXperience division...
China's AI chipmakers raise prices as high-bandwidth memory shortage bitesHuawei has lifted the indicated price of its Ascend 950DT accelerator card, which integrates an AI processor with memory and other componen...
AI boom poses new financial stability risks, BIS head saysThe BIS estimates the world's five largest technology firms will invest more than $1 trillion in AI between 2025 and 2026, while industry ...
Global Market Today: Asian chip stocks rise, oil climbs towards $100Asian chip stocks experienced a remarkable uptick, fueled by lingering investor enthusiasm for artificial intelligence technologies. As Mid...
Global Market: South Korean stocks surge nearly 3% as AI chip optimism lifts Samsung, SK HynixSouth Korean shares surged nearly 3% on Monday, led by Samsung Electronics and SK Hynix, as optimism over sustained AI investment and stron...
Global Market: Four US firms commit $2 billion investment in South KoreaFour U.S. companies have committed $2 billion in South Korea across semiconductors, advanced materials and renewable energy. Investments in...
South Korea says chip investments under discussion with US amid tariff concernsThe presidential official was responding to a question about whether planned tariffs on chips flagged by U.S. Commerce Secretary Howard L...
South Korea utility proposes Samsung pays $15 billion in advance for power, paper saysState-run KEPCO, South Korea's main utility, said in a statement it had suggested an advance payment scheme to major power users including...
Global Market: South Korean shares rebound as chip stocks track Wall Street gainsSouth Korean shares rebounded on Thursday, with the KOSPI rising 1.38% as chipmakers tracked gains in their US peers and optimism over AI d...
South Korean finance minister nominee vows to advance AI projectsThe pledge follows the government's unveiling on Tuesday of its most aggressive fiscal spending plan on record for next year, which inclu...
Micron's Taiwan unions threaten strike over bonus disputeThe two unions representing Micron workers in Taoyuan and Taichung said in a written response to Reuters that they had close to 10,000 me...
Global Market: KOSPI gains as AI-driven chip demand lifts South Korean exportSouth Korean shares gained on Tuesday, with the KOSPI rising 0.33%, as stronger-than-expected exports and robust semiconductor demand linke...
Global Market: Bank of Korea hikes rates again to 3% as growth, inflation stay firmSouth Korea’s central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-...