Samsung Electronics reported a 19-fold jump in quarterly profit, but its stock fell up to 10% as investors took profits from the AI-fueled rally, dragging down other chip stocks like Micron, Sandisk, …
Samsung Electronics reported a second-quarter operating profit of 89.4 trillion won ($58.4bn), a 19-fold increase year-over-year, driven by surging demand for AI memory chips. Revenue more than double…
Samsung Electronics reported an 18-fold surge in second-quarter operating profit to 89.4 trillion won ($58.4 billion), driven by rising memory chip prices amid AI demand, but a subsequent share slump …
Samsung reported a preliminary operating profit of about $58 billion for its latest quarter, beating forecasts by 6%, but its stock fell over 9% as investors expected even stronger results from the AI…
Syntiant Corp., an Irvine-based chipmaker specializing in low-power AI processors for earbuds and hearing aids, filed for an IPO on July 6 amid a Wall Street selloff of AI chip stocks. The company, ba…
Samsung Electronics posted a second-quarter operating profit of 89.4 trillion won ($58 billion), up 1,810% year-over-year, driven by surging AI memory demand that lifted DRAM and NAND prices. The reco…
South Korean memory chipmaker SK Hynix plans to sell nearly 17.8 million shares in a U.S. IPO, potentially raising around $28 billion. The company is capitalizing on an AI-fueled memory chip shortage …
South Korea's SK Hynix is launching a $28 billion Nasdaq listing to give US investors easier access to the AI memory-chip boom. The company will sell 17.79 million new shares as American Depositary Re…
SK Hynix announced a US share sale aiming to raise up to $36 billion to fund new chip fabrication plants and ASML equipment. Samsung and SK Hynix are leading a South Korean government initiative to in…
SpaceX's rapid inclusion in the Nasdaq 100 highlights the index's methodology balancing market cap and free float adjustments, while Micron's surge to become the third-largest QQQ holding reflects the…
Kioxia launched a 332-layer NAND flash with 4.8 Gb/s interface speed, leapfrogging rivals Micron, Samsung, and SK Hynix. The Japanese chipmaker targets enterprise and data center SSDs for AI workloads…
Microsoft shares rose about 4% on July 1, 2026, after a reported five-year agreement with Haleon to expand Microsoft 365 Copilot and Azure, according to multiple outlets. The rally was partly attribut…
Micron broke ground on a $9.3 billion expansion of its Hiroshima plant to produce high bandwidth memory for Nvidia's AI chips, aiming to challenge SK Hynix's dominant market share. The project, subsid…
The Philadelphia Stock Exchange Semiconductor Index fell 6.3% on July 1, 2026, its steepest single-day drop, as AI-memory stocks Micron and Sandisk each dropped about 10% and equipment makers KLA, Lam…
UBS raised its DRAM and NAND price forecasts, projecting DDR prices will jump 32% quarter-over-quarter in Q3 2026, nearly double its prior estimate, as AI infrastructure demand tightens memory supply.…
The semiconductor industry group SEMI warned the Trump administration against intervening in the memory chip market, arguing that price or production controls would worsen the ongoing shortage driven …
The Raspberry Pi 5 now comes in a 16 GB version for $120, enabling local AI model inference with MoE models like Qwen3.5 at 7–8 tokens per second, though real-world costs reach $180–220 with necessary…
President Donald Trump said he expects Elon Musk to donate SpaceX stock to Trump Accounts, the US government's savings program for children, despite a 'little dispute' over electric vehicle subsidies.…
Kioxia has begun sampling its tenth-generation 332-layer 3D NAND BiCS chips, featuring 1 Tbit TLC capacity and a 4.8 Gbit/s interface speed. The technology introduces CMOS directly Bonded to Array and…
Kioxia and Sandisk have begun sampling their tenth-generation 3D NAND BiCS chips with 332 layers, featuring 1 Tbit TLC chips for enterprise and data center SSDs. The new technology introduces CMOS dir…