Nvidia Corp. is working on AI infrastructure deals potentially worth more than $750 billion, including a $500 billion initiative with SK Hynix Inc.'s parent and discussions to guarantee up to $250 bil…
CXMT Corp. can rally 1,239% from its IPO price as it wins market share, Nomura Holdings Inc. says, with analyst Donnie Teng assigning a buy rating and 116 yuan target. The stock surged as much as 535%…
CXMT Corp., formerly ChangXin Memory Technologies, is set to become the biggest China-listed firm on its debut after raising 66.6 billion yuan ($9.8 billion) in a near-record IPO, tapping into investo…
Samsung Electronics Co. won a contract worth more than $200 billion to make chips for Broadcom Inc., focusing on Samsung's 2-nanometer and below process technologies through 2030. The deal expands the…
Samsung Electronics Co. and SK Hynix Inc. are set to announce major chip supply deals with leading US technology companies during President Lee Jae Myung's visit to Silicon Valley, a senior presidenti…
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…