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MEMORY CHIPS
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...
Global Market | SK Hynix weighs $12 billion special dividend ahead of Q3 Results: ReportsSK Hynix said it would announce shareholder-return measures alongside its quarterly results amid reports that it was considering a special ...
Chinese smartphone brands lose India market share as chip costs soarChinese smartphone brands' market share in India decreased to 67-68% in the recent July-September quarter. This decline represents the lowe...
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...
Smartphones need some new smart sellIndia's smartphone sales are in a slump, mirroring a global decline. Consumers are increasingly opting to hold onto their devices longer, w...
Lam Research Stock: Why did LRCX shares fall despite record profits?Lam Research posted record revenue of $8.22 billion, driven by AI infrastructure and memory chip demand. Supply constraints, declining Chin...
Navratri shoppers splurge on clothes, appliances as gadgets get pricierSales of apparel, footwear, and cosnumer durables increased over 20% during the recent Navratri-Dussehra festive period. Car retail sales s...
Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peakChip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32...
Samsung to use TSMC technology for Nvidia's next-generation memory chips: ReportNvidia has asked Samsung, SK Hynix and Micron Technology to use TSMC's process for NVHBM base dies, and sixth-generation DRAM technology fo...
Homegrown firms enter budget smartphone market as memory chip prices riseIndia's budget smartphone market is opening up for local brands as global companies reduce their presence. Rising memory chip prices have s...
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...
Global Market: Why China’s CXMT is putting global memory chip giants under pressureGlobal semiconductor stocks tumbled as Chinese chipmaker CXMT’s reported progress on a new memory chip design raised concerns about intensi...
Microsoft Azure is not taking cost-cutting measures, says software giant spokesperson amidst AI overhaul reportsMicrosoft has announced the next generation of its custom AI chip and said it plans to deploy potentially more than a million of them next ...
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: 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...
Samsung plans $9.15 billion semiconductor investment, with nearly $6 billion earmarked for VietnamSamsung affiliates are planning to invest over 12 trillion won in semiconductor operations across Vietnam and South Korea. The company aims...