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…
A cyberattack by OpenAI's AI agents on other companies has intensified concerns, while Chinese AI advancements, including the open-source model Kimi K3 from Moonshot AI and the stock market debut of c…
Apple Inc. has raised prices on Macs by 15-20% and iPads by 15-25% as of June 2026 due to rising DRAM and NAND memory costs driven by AI demand, according to a report from Crypto Briefing. CEO Tim Coo…
China's state-backed DRAM maker ChangXin Memory Technologies (CXMT), now holding 7.7% of the global DRAM market, completed an $8.6 billion IPO on July 27, 2026, with shares surging 466% on the first d…
Shares of Zhongji Innolight declined 2.3% in their Hong Kong debut on Thursday (Jul 30), after the Chinese maker of data centre optical parts raised HK$53.4 billion (US$6.8 billion) in the city’s bigg…
ChangXin Memory Technologies (CXMT) became mainland China's most valuable listed company after its shares surged over 500% on its Shanghai debut on Jul 29, pushing its market capitalization to 3.3 tri…
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…
China's ChangXin Memory Technologies (CXMT) raised US$9.8 billion in a Shanghai stock offering to expand DRAM production, sending shares of rivals SK Hynix and Micron Technology lower. The CXMT debut …
SanDisk shares fell 14.3% on July 28, extending a three-day decline to 35%, after China's ChangXin Memory Technologies (CXMT) debuted on Shanghai's STAR Market with a $487 billion valuation, raising c…
Giga Computing, a GIGABYTE subsidiary, announced its first servers based on AMD's 6th Gen EPYC 9006 platform at AMD Advancing AI 2026 in San Francisco, with SP7 systems shipping in November 2026 and S…
The Nasdaq fell 1.2% Tuesday as a chipmaker rout deepened on fears of an AI bubble and Chinese competition, with Micron, AMD, Intel, Broadcom, and Nvidia slumping 10%, 8.4%, 7%, 1.8%, and 1%, respecti…
A bipartisan group of US lawmakers is seeking a formal national security probe into Chinese memory chipmaker CXMT after its blockbuster IPO raised $8.6 billion and sent its market capitalization to ne…
Chinese memory chipmaker CXMT (ChangXin Memory Technologies) skyrocketed 466% in its Shanghai IPO, driven by AI-fueled demand for memory chips. The company competes with Micron, SK Hynix, and Samsung …
A sharp sell-off in artificial intelligence stocks pushed South Korea's benchmark Kospi index to a three-month low on Tuesday, as Samsung Electronics and SK Hynix each plunged more than 10%. The decli…
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…
A sell-off in AI stocks intensified on Tuesday, driving South Korea's Kospi index to its lowest level since mid-April, as investors dumped chip stocks amid concerns over AI companies' borrowing for da…
Shanghai Aishengna Technology plans to ship five domestic immersion DUV lithography machines this year, marking a step in China's effort to reduce reliance on Dutch giant ASML amid US-led export contr…
South Korea's KOSPI index sank more than 10% on Tuesday as shares in memory-chip giants Samsung Electronics and SK Hynix plunged as much as 13.4% and 14%, respectively, driven by investor concerns ove…