South Korean Deputy Prime Minister and Minister of Science and ICT Kyunghoon Bae said Wednesday that South Korea "cannot afford to slow down AI development now," writing on X that "there is a fundamen…
Nvidia Corp. is in early talks with Korean AI chip designer Rebellions about a potential technical partnership, investment, or acquisition, according to people familiar with the matter. Nvidia CEO Jen…
Applied Materials Inc. forecast fiscal fourth-quarter revenue of approximately $10.3 billion and earnings of $4.02 a share, beating analysts' average estimates of $9.62 billion and $3.72, but shares f…
South Korea's Kospi index rose as much as 4.8% on Thursday, extending its gain from a July 30 low to about 22% and putting it on track for a technical bull market, driven by a rebound in AI-related ch…
SK Hynix Inc. and Samsung Electronics Co. are turning to shareholder returns as memory-chip pricing gains slow, with SK Hynix set to unveil details in the third quarter and Samsung expected to follow,…
Memory chip stocks rallied on Friday, July 31, after a week of declines, with Samsung Electronics Co. and SK Hynix Inc. jumping 26.81% and 29.95% respectively, and Micron Technology and Sandisk Corpor…
South Korea's Kospi surged 17.9% on July 31, 2026, its largest single-day gain in history, after Microsoft Corp. reported Q4 FY2026 revenue of $90.01 billion and earnings per share of $4.74, with Azur…
Billionaire Ken Griffin's rescue of hedge fund Situational Awareness triggered a relief rally in global AI stocks, with South Korea's Kospi Index surging a record 18% and the Philadelphia Semiconducto…
South Korea's Kospi index surged as much as 14% on Friday, its biggest gain on record, rebounding from a 17% three-day slump as renewed AI trade optimism boosted chipmakers. SK Hynix Inc. jumped up to…
Samsung Electronics Co.'s semiconductor arm reported a more than 250-fold jump in operating profit to 89.2 trillion won ($62 billion) in the June quarter, driven by AI-driven demand for memory chips. …
South Korea's Kospi stock index fell 6% on Wednesday, down over 32% in the last month, driven by investor jitters over AI chipmakers SK Hynix and Samsung Electronics. SK Hynix closed over 9.6% down af…
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…
A rogue trade in SK Hynix Inc. shares on Tuesday triggered nearly $60 million in forced liquidations of long positions on crypto exchange Hyperliquid, resulting in $17.4 million in realized losses for…
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…
Chinese chipmaker CXMT Corp. soared 466% on its market debut Monday, becoming the most valuable company listed in mainland China with a market capitalization of roughly US$490 billion. The state-backe…
Crypto traders are migrating from memecoins to AI and semiconductor stocks, bringing their 24/7 playbook of momentum trading, anonymous X accounts, and round-the-clock leverage. Contracts tracking SK …
South Korea's benchmark Kospi index fell as much as 7.6% to its lowest since April 20, led by a 11% plunge in SK Hynix Inc. and a more than 9% drop in Samsung Electronics Co., as deepening AI fatigue …
SK Hynix Inc. shares plunged 38% from their all-time high in June, erasing $470 billion in market value, as investors worry that rising memory costs will force AI customers to seek cheaper alternative…
SK Hynix Inc.'s American depositary receipts slumped as much as 10% to a low of $139.01, breaking below the $149 IPO price from July 9, as investors dump semiconductor stocks amid AI infrastructure sp…
The cost of protecting Nvidia Corp.'s debt against default surged by the most on record Monday after reports that the chipmaker is in conversations on more than $750 billion of artificial intelligence…