Samsung Electronics and SK Hynix, whose revenues make up 80% of the global memory sector, generated a combined operating profit of 150 trillion won (US$104 billion) in the June quarter, driven by AI d…
Meta's free cash flow collapsed 91% to $784 million in Q2 2026, driven by an AI infrastructure spending spree that CEO Mark Zuckerberg defends as essential for long-term dominance, causing the stock t…
Samsung Electronics reported a more than 250-fold rise in semiconductor operating profit to 89.2 trillion won in the second quarter, driven by AI chip demand, and warned that supply shortages could wo…
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…
South Korea's Kospi Index slid as much as 9.8% on Wednesday, triggering a circuit breaker for a second straight day, as SK Hynix Inc.'s earnings disappointed and deepened investor doubts over the AI b…
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…
MSCI:s Asien-Stillahavsindex steg över 1 procent med det halvledartunga Kospi-indexet upp 3,7 procent, drivet av Alphabet som guidade för investeringsutgifter på upp till 205 miljarder dollar i år, vi…
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…