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CHIP DOWNTURN
Sterlite Tech shares slide 5% after rallying 56% in one month. Here's whySterlite Technologies shares hit the lower circuit on Monday as a sharp global selloff in AI and technology stocks dented investor sentimen...- China luxury market trends: Why consumers are shifting to frugal and online shoppingWhen Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until sh...
- Micron stock price surges toward $800 and Deutsche Bank says $1,000 is next — Is MU stock rally about to crack or keep climbing?Micron stock surged 6% to $790 on May 11, hitting a 52-week high of $818. Deutsche Bank raised its price target to $1,000. DRAM revenue exp...
- US stocks today: S&P 500 and Nasdaq notch records; AMD results spark AI stock rallyThe S&P 500 and Nasdaq hit record highs Wednesday, fueled by Middle East conflict resolution hopes and strong AMD earnings boosting AI stoc...
- US stock market crashes today: why Dow Jones, S&P 500 and Nasdaq are down? Wall Street turns red as gold and silver prices also slipUS stock market crashes today: why Dow Jones, S&P 500 and Nasdaq are down today? Wall Street turns red as gold and silver prices also slip....
- SpaceX IPO yet to come, but here’s how investors can cash in on Space right nowThe SpaceX IPO 2026 is set to shake global markets with a projected $1 trillion valuation and up to $80 billion fundraising. Investor deman...
- Tata to probe TCS Nashik case; Sharon Pais takes over MyntraTata Sons chairman N Chandrasekaran has ordered a probe into the sexual harassment case at TCS Nashik. This and more in today's ETtech Top ...
- Why is Dow Jones crashing today while Nasdaq and S&P 500 are rising? US stock market update as Dow drops 150 points and Nasdaq jumps over 100 pointsUS stock market today: The Dow Jones crashing today signals a sharp split in the US stock market. The Dow Jones Industrial Average dropped ...
- After deleveraging Rs 215 crore in debt, JDMEHF bets big on healthcare’s futureUnder Rhitik Jassar, JDMEHF's journey demonstrates disciplined resilience, a quality honed by crisis.
- Samsung profit likely biggest in six quarters on higher chip pricesOperating profit for Samsung likely rose to 5.7 trillion won ($4.24 billion) in the quarter ended March 31, according to the average of an ...
- Samsung profit likely biggest in six quarters on higher chip pricesSamsung Electronics anticipates a near nine-fold increase in first-quarter profit, reaching 5.7 trillion won, driven by rising semiconducto...
- Memory chip giant SK Hynix returns to profit on strong AI demandThe world's second-largest memory chip maker, South Korea's SK Hynix, said on Thursday it had returned to profit after four consecutive qua...
- Samsung Q3 profit beats expectations, raising hopes of chip recoverySamsung Electronics on Wednesday said its preliminary third-quarter profit dropped by a smaller-than-expected 78%, as the battered memory c...
- Samsung Q3 profit set to slump 80% as chip losses persistOperating profit likely fell to 2.1 trillion won ($1.56 billion) in the July-September quarter, according to a LSEG SmartEstimate from 19 a...
- Samsung Electric forecasts 96% drop in Q2 profit as chip glut drags onAccording to company data, it would be Samsung's lowest profit for any quarter since a 590 billion won profit in the first quarter of 2009.
- Samsung to cut chip output to ride out downturnThe unusual output cut by the world's biggest memory chipmaker - with no previous announcement recalled by Samsung officials and analysts -...
- World's largest contract chipmaker TSMC to hire 6,000 engineers in 2023According to TSMC, the company will seek young engineers with associate, bachelor's, masters's or doctorate degrees in electrical engineeri...
- Samsung to continue with chip investment, undeterred by eight-year-low profitThe guidance bucks a broader industry trend to scale back spending and output, fanning concern that the world's biggest memory chipmaker in...
- Samsung's quarterly profit set to hit 6-year low as consumers hunker downSamsung, as the world's biggest maker of memory chips, smartphones and TVs, is a bellwether for global consumption trends. It is expected t...
- Samsung's earnings slump on rapid drop-off in chip demandCompanies and consumers have tightened their belts, with memory chip buyers such as smartphone and PC makers holding off on new purchases a...
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