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Global Market: Japan’s Nikkei plunges nearly 5% as AI stocks tumble on CoreWeave debt concernsJapan’s Nikkei 225 plunged, while the broader Topix fell 2.5%, as AI-linked stocks led a broad selloff. Sentiment was hit by concerns over ...
SK Hynix conditions new US factory on more US chip equipment exports to China, sources sayThe Trump administration is pressing SK Hynix, Samsung and other foreign chipmakers to build plants in the US in a drive to rebuild US manu...
SK Hynix seeks US nod to expand China chip output, ties approval to US plant: ReportSK Hynix is attempting to obtain approval from the US to export chipmaking equipment to China. This export is intended to facilitate an inc...
Japan to invest up to $21 billion in two US chip factories to be run by GlobalFoundriesThe move is part of a deal for Japan to invest $550 billion in the US struck by President Donald Trump's administration last year in return...
D-Street's proxy AI trade shines in a bleak year for stocksIndia's Nifty 50 index faces considerable challenges this year, with a significant drop since January. In contrast, stocks linked to artifi...
India's proxy AI trade shines in a bleak year for stocksDespite a notable decline in the Nifty 50 index, Indian stocks tied to artificial intelligence have surged impressively. Key players like o...
Global Market: Japan's Nikkei rebounds as chip stocks rise, Topix slips on bank lossesJapan’s Nikkei rebounded 0.61% on Wednesday as chip-related stocks advanced, recovering from the previous session’s decline. Advantest, Tok...
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...
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: European companies set for 21% Q3 earnings growth, led by energy firmsEuropean companies are expected to post 21% third-quarter earnings growth, led by energy firms benefiting from supply disruptions. However,...
Global Market: Japan stocks fall for second day as profit-taking, rate fears weighJapanese shares trade lower for a second straight session as investors book profits after a recent rally, while uncertainty over US rates, ...
Global Market: Japanese shares fall as AI stocks retreat after sharp rallyJapanese shares slipped on Wednesday as investors booked profits after a sharp recent rally, with technology and semiconductor stocks leadi...
Local sourcing must for ISM 2.0 subsidy: MeitY tells chip companiesISM 2.0 was unveiled by MeitY last month. While no company has formally announced its application under the scheme, officials say they are ...
Global Market: Nikkei rises as Wall Street gains, oil prices fallJapan’s Nikkei rose 0.2% and Topix gained 0.4%, supported by Wall Street gains and lower crude oil prices. Investors remained cautious ahea...
DigiLocker seeks private partners, Slurrp Farm's fundraise plansDigiLocker is set to bring more institutions onto its platform with the help of private AI integrators. This and more in today’s ETtech Top...
Broadcom to lend Anthropic up to $42 billion to lease its chips, filing saysAs part of that complex relationship, revealed in the IPO filing, Broadcom has agreed to lend Anthropic up to $42 billion to finance infras...
Global Market: Japan’s Nikkei hits six-week high as chip stocks rally on AI optimismJapan's Nikkei share average soared to a six-week peak, buoyed by chip sector stocks after favorable earnings guidance from Micron Technolo...
Global Market: Japan’s Nikkei slips after early gains as Nasdaq futures weakenJapan’s Nikkei slipped after giving up early gains as weaker Nasdaq futures pressured technology stocks ahead of Micron’s quarterly results...
Sovereignty means controlling a substantial part of the chip supply chain: Mindgrove CEO Shashwath TRShashwath said the concerns go beyond where a chip is designed; companies also need to know what software is placed on it and who can verif...
KAS Group eyeing chip gear refurb play with Singapore companyPartnering with a Singaporean firm, it plans to be the first Indian company to enter the high-growth vertical at a time when chip designing...