ChangXin Memory Technologies (CXMT), China's largest domestic DRAM chipmaker, plans to build a second chip fabrication plant in Beijing and is seeking fresh funding, aiming to more than double product…
Chinese memory chipmaker CXMT's Shanghai debut, which surged 466% to 3.3 trillion yuan (£365bn), and reports of domestic deep-ultraviolet lithography tools triggered a global AI stock rout, with South…
A global sell-off in AI-linked shares, triggered by the Shanghai debut of Chinese memory chipmaker CXMT and reports that China developed its own deep-ultraviolet lithography tools, sent the Kospi down…
Huawei Technologies Co. Ltd. open sourced openPangu-2.0-Pro, a 505 billion parameter mixture-of-experts AI model trained entirely on its own Ascend NPUs without any Nvidia hardware, on July 31. The mo…
Climate activist group Extinction Rebellion attacked a Microsoft datacenter construction site in Amsterdam, using acid to sabotage the build amid growing worker resistance to AI facilities in the Neth…
Intel reported second-quarter revenue of $16.1 billion on July 23, up 25% year-over-year, its strongest growth in over 15 years, driven by a 59% jump in Data Center and AI revenue to $6.3 billion. The…
More than $1 trillion in market capitalization was erased from global semiconductor and AI-hardware stocks between July 24 and July 29, with Nvidia, SK Hynix, Samsung Electronics and Micron accounting…
Micron Technology CEO Sanjay Mehrotra sold $37.3 million worth of MU stock on July 24, days before South Korea's KOSPI index crashed nearly 11% on July 28, triggering a broad semiconductor sell-off. T…
ASM, the Dutch chip machine maker, reported a record quarterly revenue of over €1 billion and net profit of €285 million, driven by AI infrastructure demand, despite initial investor concerns over Chi…
MIT Technology Review's AI Hype Index highlights unsexy AI developments including Grok's porn-pilled translation feature, Meta's creepy glasses, and Big Tech's skyrocketing emissions, while noting tha…
KLA Corporation projected fiscal first-quarter revenue and profit above analyst forecasts, driven by sustained AI infrastructure investment fueling demand for its chipmaking equipment. Despite the upb…
The Nasdaq-100 has fallen 9.7% from its record high, driven by a semiconductor selloff that analysts say is at odds with strong memory demand. South Korea's Kospi dropped nearly 11% on Tuesday, its ei…
China began manufacturing domestically developed immersion deep ultraviolet lithography machines on July 27, with state-backed firm targeting roughly five units in 2026 and twenty in 2027, intensifyin…
The AI stock bubble is deflating, with chip stocks cratering globally Tuesday as investors fled the sector, sending South Korea's Kospi index down more than 10 percent and dragging the Nasdaq into cor…
Dutch chipmaking equipment supplier ASM International projected third-quarter revenue of roughly 1.1 billion euros ($1.25 billion), beating the 994.5 million euros analysts expected, driven by sustain…
AI-related stocks in Europe fell after reports that China has begun producing domestically developed lithography machines, a market long dominated by Dutch ASML, whose shares dropped 3.2%. Sector peer…
A Shanghai firm's mass production of domestic DUV lithography machines caused ASML's market value to drop by roughly €55 billion in late July 2026, but analysts say the technology gap between China an…
Semiconductor stocks tumbled Tuesday, with the PHLX Semiconductor Index falling more than 5%, as investors unwound AI-driven positions amid concerns over circular financing, Chinese competition, and m…
A global selloff in semiconductor stocks on July 27-28, led by a 5% drop in Nvidia and an 8.5% decline in ASML, has raised doubts about the sustainability of AI-related capital expenditures, with Sout…
China's CXMT triggered a global selloff in semiconductor stocks after debuting on the stock market with a nearly 500% surge, with ASML falling 5.80%, SK Hynix losing 14.65%, and Samsung declining 13.3…