Global Market: KOSPI climbs as chip stocks lead gains before Fed outcomeSouth Korean shares rose on Wednesday, led by heavyweight chipmakers, as investors awaited the Federal Reserve’s interest-rate decision and...
US 10-year yields reach 5%, highest since October 2023The rise of U.S. Treasury yields over five percent indicates expectations for a longer period of elevated interest rates. This trend comes ...
US stocks today: US stocks end lower as AI slowdown fears hit chipmakersUS stocks ended lower as Nvidia and other chipmakers fell after AI leaders raised safety concerns and called for slower development. Rising...
ASML extends chipmaking dominance as customers embrace High NAIts existing $200 million EUV machines, essential for making advanced AI chips, are all but sold out through 2027, while customers have mad...
US stocks today: US stocks slip as AI slowdown fears drag Nvidia and chipmakersUS stocks fell on Monday as fears over a slowdown in AI model development hit Nvidia and chipmakers. Nvidia dropped 3.2%, while Intel, AMD ...
Global AI stocks slide as tech leaders call for a slower development of superintelligenceShares of SoftBank, which owns about 13 per cent of OpenAI, fell over 11 per cent on Monday. South Korea's benchmark index Kospi, home to m...
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's developmentAnthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse o...
Global Market: Samsung, SK Hynix reject $18.7 billion upfront power payment proposalSamsung Electronics and SK Hynix have rejected KEPCO’s proposal for a 25 trillion won upfront payment to fund electricity infrastructure fo...
Anthropic's AI warning may weigh on chips, but trade seen intactAI executives are calling for a deliberate slowdown in the pace of advanced model development. This plea may lead to short-term pressure on...
Hyundai pushes in-house autonomy to 2029, leans on Nvidia from 2028Hyundai Motor Group will launch its driver-assistance software in late 2029, two years behind schedule. The automaker is partnering with Nv...
Micron's Taiwan workers to get rewards worth up to 68 months of payMicron said the payouts to employees were its strongest ever and that more than 60,000 staff globally will receive fiscal 2026 rewards "fol...
US listing could put Japan's Kioxia in global AI spotlight, Voya's Thomas saysKioxia's plan for a US stock listing could attract global investors. This move aims to expand the Japanese chipmaker's investor base signif...
Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debutTencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong inve...
AI chipmaker d-Matrix to connect next-gen inference chips to Nvidia infrastructured-Matrix will integrate its Raptor XPUs with Nvidia's NVLink Fusion technology. This partnership allows faster deployment of inference chip...
China's AI chipmakers raise prices as high-bandwidth memory shortage bitesHuawei has lifted the indicated price of its Ascend 950DT accelerator card, which integrates an AI processor with memory and other componen...
Qualcomm-Amazon AI deal: Why the chipmaker’s stock surgedQualcomm’s long-term Amazon partnership could generate up to $60 billion in chip purchases, expanding its AI data-centre ambitions. The dea...
China starts charging fees on chipmaking chemical from JapanChina began collecting "deposits" on imports of a key chipmaking chemical from Japan on Tuesday after it said a probe found evidence of dum...