SK Group Chairman Chey Tae-won bought 4.9 billion won ($3.41 million) in SK hynix shares on Thursday, his first purchase, signaling confidence after the stock fell from an all-time high of 2.987 milli…
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…
Samsung Electronics reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a 19-fold increase from a year earlier, driven by AI chip demand. Despite the recor…
Samsung Electronics reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a more than 19-fold increase from a year earlier, driven by surging demand for AI m…
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…
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 …
Shares in major chip firms fell sharply in the US and Asia as a sell-off in AI-related stocks deepened, with South Korea's Kospi index closing 10.8% lower after a temporary trading halt. The slump was…
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…
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…
A global semiconductor selloff deepened on July 28 as SK Hynix plunged 14.7% and Samsung fell 13.4% in Seoul, erasing 47% and 38% of their respective values since late June, while the PHLX Semiconduct…
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…
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…
Investors are rotating back into Alphabet stock after a chip stock rout, with shares closing above the key 200-day moving average on Monday and starting Tuesday above that level, according to Yahoo Fi…
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 …
SK Hynix shares plunged 14.65% to 1.55 million won in Seoul on Tuesday, their second-largest decline of 2026, as a global semiconductor sell-off hit South Korea's memory-chip producers amid fears over…
Samsung Electronics reported Q2 2026 operating profit of 89.4 trillion won ($59 billion), up 1,810% year-over-year, yet its shares fell nearly 7% as a Chinese lithography breakthrough, a hawkish Feder…
ASML shares fell more than 8% on Monday after a report that a state-backed Chinese company in Shanghai has begun mass-producing its own immersion deep ultraviolet (DUV) lithography machines, threateni…
Micron Technology shares fell 8% to around $903.50 on July 15 as Chinese memory chip rival ChangXin Memory Technologies (CXMT) captured 8% of the global DRAM market in Q1 2026, up from 3% a year earli…
ChangXin Memory Technologies (CXMT) surged 466% on its first day of trading on the Shanghai stock exchange, giving the Chinese memory chipmaker a $484 billion valuation and making it the most valuable…
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) surged more than 500% on its market debut Monday, reaching a market capitalization of 3.65 trillion yuan ($540 billion) and surpassing ICBC…