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CHINAS CXMT
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...- US stocks | US market edges lower amid chip weakness, mixed bank earningsUS stocks experienced a decline as chip stocks faced selling pressure and banks reported mixed earnings. The Dow Jones Industrial Average f...
- Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...
- US Stock Market prediction for Tuesday: S&P 500, Nasdaq set for volatile trading at Wall Street, Dow Jones, Russell 2000 steady, Nvidia, AMD, Marvell, Micron Technology, Sandisk, JPMorgan Chase, Wells Fargo, Johnson & Johnson shares under scannerUS Stock Market: Nvidia shed 1 per cent while AMD and Marvell Technology eased 1.5 per cent and 2.6 per cent, respectively.
- Global semiconductor stocks sell-off over AI boom worries pulls Asian shares lowerGlobal equities showed mixed performance, with Asian markets notably declining due to major setbacks in semiconductor stocks. A steep fall ...
- Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
- Nvidia’s share of China AI chip market falls to 34% as Huawei gains groundNvidia's share of China's AI chip market dropped to 34% in the first half of 2026 due to US export restrictions. Domestic competitors like ...
- AI traders behaving like casino gamblers? What made chip trade toxic and why that’s good news for IndiaGlobal AI stock enthusiasm hit a roadblock as South Korea's Kospi plunged 7.4% on chip competition concerns and Broadcom's warning on AI sp...
- Global Market: South Korea’s Kospi plunges over 7% as chip stocks tumble on CXMT concernsSouth Korea’s Kospi plunged over 7% amid concerns about rising competition from Chinese semiconductor makers, triggering a temporary tradin...
- Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...
- 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...
- Tech layoffs continue; ITC Infotech-Happiest Minds to mergeHappy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This and more in today’s ETtech Morning...
- Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
- AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
- Chinese memory chipmaker CXMT sues Pentagon over 'Chinese military company' designationThe company was designated a Chinese military company by the US Defense Department under the Biden administration and was retained on the l...
- China's CXMT posts first-half profit after revenue surgeFirst-half revenue soared 873.64% from a year ago to 150.3 billion yuan ($22.36 billion). Net profit totalled 77.6 billion yuan, compared t...
- Global Market: China stocks steady as property shares offset Biotech, chip lossesChinese stocks were largely steady on Friday as gains in property shares offset losses in biotechnology and semiconductor stocks. The Shang...
- Global Market: China stocks rise as Nvidia outlook boosts AI and hardware sharesChina’s mainland stocks rose on Thursday, led by AI, semiconductor and hardware companies after Nvidia delivered an upbeat revenue outlook,...
- China robot maker Unitree's post-listing slump sparks bubble fearsThe post-listing selloff in the company, one of the world's largest producers of quadruped and humanoid robots, has also led to soul-search...
- Apple tests China's CXMT memory chips for iPhones and MacBooks: WSJApple held early talks with CXMT, which is China's largest chipmaker by market value, about supplying components with the goal of using th...
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