Asian stock markets tumbled on Wednesday, with South Korea's Kospi falling over 8% after a 11% drop on Tuesday, driven by AI-related sell-offs and geopolitical tensions. Chip giants SK Hynix and Samsu…
SK Hynix Inc. reported a 557% rise in quarterly operating profit to 60.5 trillion won ($42 billion), missing analysts' average estimate of 64.2 trillion won and fueling fears that the AI-driven semico…
Asian shares rose 0.8% on Wednesday as regional chipmakers climbed on expectations of benefiting from billions of dollars flowing into artificial intelligence buildout, with South Korea's Kospi adding…
Retail investors are shifting away from the 'Magnificent Seven' tech giants and into AI chip and infrastructure companies, according to data from Vanda Research. The 'Magnificent Seven' stocks have un…