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CHIP INDUSTRY DOWNTURN
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 ...10 Apr, 2026, 08.39 PM IST- 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...25 Jan, 2024, 12.01 PM IST
- 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...11 Oct, 2023, 11.02 AM IST
- 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...10 Oct, 2023, 05.12 PM IST
- Globalisation in technology is taking backseat to national security: TSMC founder Morris ChangMorris Chang, who founded the world's largest contract chipmaker Taiwan Semiconductor Manufacturing Co Ltd (TSMC), said globalisation has b...04 Jul, 2023, 10.20 AM IST
- 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...04 Mar, 2023, 12.55 PM IST
- Historic crash for memory chips threatens to wipe out earningsNow consumers and businesses are holding off on big purchases as they cope with inflation and rising interest rates.31 Jan, 2023, 09.59 AM IST
- 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...31 Jan, 2023, 09.58 AM IST
- 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...05 Jan, 2023, 04.39 PM IST
- Samsung Electronics to expand chip production at its largest plantSamsung plans to expand its P3 factory in Pyeongtaek, South Korea, by adding 12-inch wafers capacity for DRAM memory chips26 Dec, 2022, 10.38 AM IST
- Chipmakers see ‘breathtaking’ drop in demand as recession loomsSamsung -- the world’s largest memory chip maker -- reported a 32% dive in operating income, while PC-processor chipmaker AMD said it will ...07 Oct, 2022, 12.31 PM IST
- 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...07 Oct, 2022, 08.42 AM IST
- Semiconductor: Chipmakers’ pandemic boom turns to bust with recession loomingThe semiconductor market enjoyed a massive run-up in orders during the pandemic, sending sales and stock prices to new highs and triggering...17 Aug, 2022, 09.37 AM IST
- Computer chips face toilet paper hoarding moment as shortage turns to glutChip shortages turned into a glut in some sectors, taking Wall Street by surprise. By late June, memory chip firm Micron Technology Inc sai...13 Jul, 2022, 07.45 AM IST
- Computer chips face toilet paper hoarding moment as shortage turns to glutChip shortages turned into a glut in some sectors, taking Wall Street by surprise. By late June, memory chip firm Micron Technology Inc sai...12 Jul, 2022, 05.12 PM IST
- AMD's stellar report fuels chip stock rallyAMD soared almost 11% after it provided an annual revenue forecast that exceeded analysts' expectations, pointing to upcoming PC, gaming an...02 Feb, 2022, 08.11 AM IST
- There’s a glut brewing in a $161 billion slice of the chip sectorPrices of DRAM, the most ubiquitous of chips, will likely fall 15% in 2022 after buyers stocked their shelves this year to cope with global...12 Nov, 2021, 09.37 AM IST
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