South Korea's KOSPI index crashed 10.84% to close at 6,023.66 on Tuesday, its lowest since April 14, driven by a heavy tech selloff amid growing skepticism over large-scale AI infrastructure investmen…
SK Hynix reports second-quarter earnings on July 29, with Korea Investment & Securities forecasting revenue of 80.9 trillion won and operating profit of 60.4 trillion won, as the AI memory supercycle …
Korean stocks opened sharply higher Wednesday, with the KOSPI up 337.92 points (5.01%) to 7,085.87, driven by a continued rebound in chipmakers. Overnight U.S. chip stocks like Micron and Sandisk rose…
South Korea's FuriosaAI has deployed its Renegade inference chips at Equinix's LS2 data center in Lisbon, marking the company's first commercial rollout in Europe. The chip, built on a 5-nanometer Ten…
Mirae Asset Securities research chief Park Yeon-ju said the dominance of Samsung Electronics and SK hynix in South Korea's Kospi index is justified by their outsized earnings contributions, with the t…
South Korea's KOSPI surged over 5% on Thursday, briefly topping 9,000 points, driven by a tech rally after US chipmaker Micron Technology reported better-than-expected earnings. The index closed at 8,…
South Korea's Financial Supervisory Service has launched a probe into Mirae Asset Securities and other firms over the controversial allocation of SpaceX IPO shares, after a 2.31 million share allocati…
Samsung Electronics is betting on artificial intelligence and retreating from low-margin markets to revive its consumer products division, which accounted for just 2.6% of the company's enterprise val…
Mirae Asset Securities failed to secure any SpaceX IPO shares for its clients, highlighting Korean brokerages' limited influence in global IPO allocations as AI giants OpenAI and Anthropic prepare for…