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US CHIPMAKING
SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is seeking US export licenses to equip its Dalian plant, arguing that increased production there would help fund its planned US ex...- China stocks struggle near one-year lows despite fresh government support measuresChinese stocks struggled near one-year lows despite fresh government measures to support the market, as investors remained cautious ahead o...
- AMD forecasts fourth-quarter revenue above estimates on strong AI chip demandAdvanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Alt...
- Chinese yuan hits over two-week low against dollar as PBOC signals caution on appreciationChina’s yuan weakened to a more than two-week low against the dollar after the central bank set a weaker daily fixing and raised foreign ex...
- D-Street braces for weak opening on negative GIFT Nifty cuesBenchmark Nifty increased by 1.6% to close at 23,810 following an extended rally. This upward trend was influenced by easing crude prices a...
- US stocks today: Nasdaq rebounds as chipmakers rally, Apple slides ahead of US midterm resultsUS stocks ended mixed as the Nasdaq rebounded on gains in chipmakers and AI linked heavyweights ahead of the midterm election results. Nvid...
- SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is awaiting approval from US officials for equipment necessary for expanding production in China. The company aims to increase its...
- South Korean shares slide nearly 3% as tech selloff deepens; won strengthensSouth Korean shares fell sharply as a global technology selloff dragged chipmakers and other heavyweight stocks lower. A stronger won and p...
- Global Market Today: Asian stocks slide as US chip selloff deepensThe MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a thre...
- Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
- October ends with a thud for Intel, Reddit, AI stalwartsA fresh test of this year's technology rally sent the Nasdaq composite on Friday to its biggest decline since June. Chipmaker Intel and soc...
- Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloffIntel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. T...
- Global trading is mixed as worries about AI-related issues growOn the global stage, stock markets displayed a mixed bag of results as Alphabet's stock drop spurred worries about the trajectory of artifi...
- D-St set for a negative opening as GIFT Nifty signals weak startBenchmark Nifty experienced a marginal decline after recovering from a significant low during the trading session. Analysts believe Indian ...
- US stocks today: US stocks end higher as Fed holds rates; focus turns to earningsUS stock markets ended on a high note after the Federal Reserve opted to maintain current interest rates while gauging the economic landsca...
- US stocks today: US stocks turn choppy as megacaps offset chip gains before Fed meetIn the US stock market, a mixed performance emerged as chipmakers like Micron Technology surged, buoyed by favorable reports from SK Hynix,...
- China's CXMT to start advanced AI memory production despite poor yieldsThe decision highlights China's intense shortage of the AI memory chips, which are essential to a government-backed push to develop domesti...
- Global Market: South Korean shares surge 6% as SK Hynix earnings fuel AI chip rallySouth Korean shares surged nearly 6% on Wednesday, driven by SK Hynix and Samsung Electronics following strong earnings and optimism over A...
- 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 | 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 ...
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