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KOSPI plunges 4% as Samsung, SK Hynix shares slideSouth Korea's KOSPI plunged over 4%, with Samsung Electronics and SK Hynix leading losses as semiconductor stocks tracked a sell-off in US ...
SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is seeking US export licenses to equip its Dalian plant, arguing that increased production there would help fund its planned US ex...
SK Hynix's New York chip plans hit snag over US restrictions on China, sources saySK Hynix is awaiting approval from US officials for equipment necessary for expanding production in China. The company aims to increase its...
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)...
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: Samsung Electronics posts record $80.5 billion quarterly operating profit on AI chip boomSamsung Electronics reported record quarterly operating profit of 107.4 trillion won, driven by surging AI memory chip demand. Despite stro...
Global Market Today: Asian shares fall as Alphabet earnings miss drags Wall St futures lowerAsian markets faced a downturn following a mix of earnings results, stirring concerns as investors await Amazon and Intel's performance. Al...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian markets closed lower on Wednesday as rising crude oil prices and Middle East tensions hurt sentiment. Sensex fell 353 points to 73,2...
US stocks today: US stocks turn choppy as megacaps offset chip gains before Fed meetIn the US stock market, a mixed performance emerged as chipmakers like Micron Technology surged, buoyed by favorable reports from SK Hynix,...
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...
Can the AI boom sustain SK Hynix's record earnings?South Korean chipmaker SK Hynix reported record quarterly earnings as booming demand for artificial intelligence memory chips boosted reven...
Global Market: China, Hong Kong stocks rebound as SK Hynix earnings lift AI optimismChinese and Hong Kong stocks rebounded after two sessions of losses, led by technology shares amid renewed optimism over artificial intelli...
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...
AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
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 ...
SK Hynix drops US IPO plan for Solidigm: ReportThe news comes weeks after SK Hynix said it was reviewing various options to strengthen Solidigm's competitiveness, but that no decisions h...