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Japan's Nikkei slips as Kioxia tumbles 13%; Tokyo Electron, Panasonic limit lossesJapan’s Nikkei slipped as Kioxia plunged 13.29% following a disappointing earnings outlook, while banking stocks also weakened. Gains in To...- South Korea's Lee vows to make bold AI investment in record budget pushHis administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion)...
- Why Intel stock price down today? How the AI memory crunch and weak PC demand hit its forecast, and could the selloff deepen?Intel (INTC) Stock Crash: Intel shares fell about 29 per cent on Friday after a weak December quarter forecast. Falling PC demand and costl...
- Asia chip firms see strong AI demand; market jitters continueAsian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young ...
- Global Market: China stocks extend losing streak to 12 weeks as global AI selloff hits tech sharesChina's CSI300 index fell to a one-year low, extending its losing streak to 12 weeks as a global AI stock selloff weighed on technology sha...
- Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across marketsAs Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...
- Handset, TV makers set to slash production on festive sales shockSmartphone and television makers are cutting production by up to 20% after a weak festive season left retailers with excess inventory and u...
- Samsung logs record $80.5 bln profits despite investor AI jittersMassive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investo...
- India's deeptech dream remains import dependent for critical componentsThe founder of a spacetech startup developing rockets said geopolitical tensions, including the Russia-Ukraine war, disrupted the supply of...
- China's CXMT to start advanced AI memory production despite poor yieldsThe decision highlights China's intense shortage of the AI memory chips, which are essential to a government-backed push to develop domesti...
- Infosys, TechM, TCS, other IT stocks plunge up to 5%, extend losses as global AI trade rebounds. What lies ahead?Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hyni...
- Global Market: South Korean shares surge 6% as SK Hynix earnings fuel AI chip rallySouth Korean shares surged nearly 6% on Wednesday, driven by SK Hynix and Samsung Electronics following strong earnings and optimism over A...
- From 700% gains to a 50% plunge: China's AI stocks are crashing despite Beijing's tech ambitions. Here's whyChina's artificial intelligence stock market has faced a steep decline, losing around $480 billion in market value. Many leading technology...
- A missed call for China is a loud wake-up call for desi companiesIndian smartphone brands Lava and Ai+ are gaining market share as Chinese rivals retreat amid soaring memory chip prices and shrinking dema...
- Lava MD Sunil Raina, CFO Rajesh Sethi exit amid turnaroundRaina, who has been with the company for 16 years, will step down by the end of December, according to people familiar with the matter. Set...
- China stocks end higher as strong GDP outweighs AI jittersChina's economy expanded 4.5% year-on-year in the third quarter, topping forecasts and reducing the urgency for Beijing to step up support ...
- 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...
- 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...
- 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...
- 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...
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