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SK Hynix's $28 billion US share sale draws more than seven times demand: ReportsSK Hynix's proposed $28 billion share sale in the US saw demand exceed offerings by seven times. This strong investor response highlights s...
Global Market Today: Asian shares rise as chips rally, oil advancesAsian shares advanced, led by a rally in chipmakers and South Korean stocks. Oil prices extended their gains for a third day, reaching abou...
South Korea's Kospi enters bear market, plunges 20% from peak. What's spooking investors?South Korea's Kospi index entered bear market territory, plunging 20% from its peak. Heavyweight Samsung Electronics saw its share price fa...
Japan's Nikkei falls in volatile trade as tech tracks Nasdaq selloffJapan's Nikkei share average declined in choppy trade on Wednesday. Technology stocks faced pressure after overnight losses on the Nasdaq i...
US stocks today: S&P 500, Nasdaq end lower as AI worries hit chipmakersU.S. markets closed lower as chip stocks declined on concerns the AI-driven rally may be overstretched. Losses in Micron and other semicond...
Global Market: Japan's Nikkei falls 2% as Samsung slump sparks chipmaker selloffJapan's Nikkei share average closed two percent lower on Tuesday. Semiconductor heavyweights fell significantly after South Korea's Samsung...
Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profitSamsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memo...
Kospi plunges 8% as AI investors fear rally is overblown; trading halted for 20 minsSouth Korea's Kospi index experienced a significant 8% drop, led by chip stocks. Investors questioned the sustainability of record earnings...
Japan's Nikkei falls as Samsung-led chip selloff weighs on regional tech stocksJapan's Nikkei index fell as semiconductor stocks declined, mirroring Samsung's drop. High-flying memory maker Kioxia shares experienced a ...
Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stallSamsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's ...
SK Hynix's $28 billion US IPO to test its $1 trillion AI rally. Here's howSK Hynix has launched a US share sale targeting about $28 billion through a Nasdaq listing, capitalising on AI-driven investor demand. The ...
Micron, Ford sign semiconductor supply agreement for vehiclesMicron Technology has inked a significant long-term deal with Ford Motor, ensuring a steady supply of essential memory and storage chips fo...
Chipmaker Kioxia ships next-gen memory samples as AI boom fuels dramatic comebackThe growth of AI has fueled a remarkable turnaround for Kioxia, which was previously seen as an example of Japan's chipmaking struggles but...
SK Hynix to spend $64 billion on chip plants under broader AI-driven investment planSK Hynix is investing a massive 100 trillion won ($64.38 billion) to build new chip plants, including a NAND flash memory facility, in Cheo...
Micron, GM sign semiconductor supply agreement for vehiclesGeneral Motors has signed a landmark long-term agreement with Micron Technology to ensure a steady supply of vital memory and storage chips...
World's three largest memory chipmakers sued in US over DRAM supply shift to AI memoryA class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply...
Japan's Nikkei reverses course to end higher as chip-related shares cut lossesJapan's Nikkei index staged a remarkable comeback, closing higher after significant early losses. This reversal was driven by chip-related ...
Don't let AI chip off the old blockThe soaring demand for memory chips driven by artificial intelligence is leading to significant shortages that are affecting various indust...
Apple seeks US approval to buy chips from blacklisted Chinese companyReports suggest that Apple is actively reaching out to the Trump administration in an effort to source memory chips from ChangXin Memory Te...
US stocks | Micron overtakes Meta, Tesla in market value amid relentless AI infrastructure demandMemory chip giant Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a robust AI-fueled surge...