AI chip startup Etched Inc. raised $300 million in Series C funding led by Sequoia, more than doubling its valuation to $10.3 billion. The company's chip, optimized solely for AI inference, uses propr…
ASML Holding NV plans to raise prices for its chipmaking equipment, potentially clashing with top customer Taiwan Semiconductor Manufacturing Co., according to a report by the Information. TSMC is alr…
South Korea's Kospi index fell as much as 5.7%, bringing its decline from last month's all-time high to about 20%, as investors reassessed the outlook for artificial intelligence demand. Memory maker …
China, India, and Hong Kong are the only major stock markets where top companies' share of market capitalization has declined over the past year, reflecting their lag in the global AI race. In China a…
Two prominent Chinese hedge funds, Wealspring Asset and Shanghai Banxia Investment Management Center, warned that the global AI stock boom is an unsustainable 'super bubble' poised to burst. Wealsprin…
Micron Technology Inc. shares surged after the company issued a quarterly sales forecast of approximately $50 billion, far exceeding analyst estimates of $43.2 billion, signaling sustained AI-driven g…