Micron Technology reported a 346% surge in quarterly revenue and a profit of $28.2 billion, far exceeding analyst expectations and sending its stock up 15%. The results helped stabilize markets after …
Emerging-market stocks fell over 2% on June 23, the steepest drop since May 15, led by a tech selloff that sent South Korean chip giants Samsung and SK Hynix plunging more than 12%. The decline was tr…
Samsung Group plans to invest $646 billion over the next decade in semiconductors and AI data centers, marking one of the largest corporate investment commitments in South Korea's history. The investm…
Apple raised prices on Mac, iPad, and home devices on June 25, citing unsustainable memory chip costs driven by AI demand, triggering a selloff in Asian technology stocks. Apple shares dropped up to 6…
Asian technology stocks slumped after Apple raised prices for its products, stoking concern that rising component prices will curb demand for devices and slow the memory chip rally. South Korean memor…
Asian markets plunged Friday as investors sold to lock in gains from recent AI-driven rallies, with Tokyo's Nikkei 225 shedding 5% and Seoul's Kospi plunging 8.4%. Major semiconductor names including …
Asian stock markets fell sharply on Monday, with South Korea's Kospi index plunging about 8% and triggering a temporary trading halt, led by heavy losses in Samsung Electronics and SK Hynix. Japan's N…
South Korea's KOSPI index plunged over 8% on June 23, triggering a circuit breaker, as foreign investors sold $2.6 billion in shares amid a tech rout led by Samsung Electronics and SK Hynix. The sello…
Micron Technology reported $41.46 billion in fiscal Q3 2026 revenue, quadrupling year-over-year and beating estimates, as its stock surged more than eightfold in a year amid AI-driven demand for high-…
Samsung Electronics and SK Hynix plan a $646 billion investment package to build a second major semiconductor cluster in South Korea, accelerating their timeline to 2034-2035 to meet explosive AI-driv…
Micron Technology's market capitalization surged by $100 billion in a single day after reporting $41.5 billion in quarterly revenue, a 350% increase year-over-year, driven by soaring demand for AI mem…
South Korea's KOSPI index has more than doubled in 2026, driven by domestic retail investors pouring money into semiconductor stocks Samsung Electronics and SK Hynix amid surging AI chip demand. The r…
Yangtze Memory Technologies Corporation (YMTC) surged to 13% of the global NAND flash market in Q1 2026, tying with SanDisk and Micron, driven by AI-fueled demand and nearly 445% year-over-year revenu…
Elon Musk warned that the recent memory chip price surge is the largest he has ever seen, driven by insatiable AI demand for DRAM and high-bandwidth memory. The shortage has caused chipmaker stocks to…
Apple shares fell nearly 6% on Thursday, wiping out about $250 billion in market value, after the company raised prices on iPads and Macs by up to $200, citing skyrocketing memory costs driven by AI d…
Apple raised prices on iPads, Macs, HomePods, Apple TV, and Vision Pro by up to $2,800 on June 25, citing rising memory chip costs driven by AI demand. The increases range from 15-30% on MacBooks and …
Micron Technology reported record revenue of $41.46 billion for the quarter ending June 24, 2026, a 346% year-over-year surge driven by AI demand for high-bandwidth memory, which is sold out through 2…
Micron Technology announced 16 multi-year strategic agreements for AI-optimized memory chips on June 24, with customers providing $22 billion in cash deposits and committing to roughly $100 billion in…
Apple is raising prices on Macs and iPads by at least 15%, attributing the hikes to the AI boom and increased demand for memory and storage from data center buildouts. The entry-level MacBook Air now …
South Korean chipmaker SK Hynix plans to raise up to $29.4 billion in a U.S. IPO to build chip factories in South Korea, not America, highlighting a reliance on foreign suppliers for AI infrastructure…