Kioxia Holdings reported a 46-fold surge in profit attributable to owners of parent to ¥842.2 billion for the June quarter, with revenue rising to ¥1.767 trillion, but shares fell 18% on July 28 amid …
South Korea's KOSPI index surged 18% as investors returned to AI-related stocks, led by SK Hynix and Samsung Electronics, which staged strong recoveries after a punishing sell-off earlier in the week,…
Samsung Electronics and SK Hynix, whose revenues make up 80% of the global memory sector, generated a combined operating profit of 150 trillion won (US$104 billion) in the June quarter, driven by AI d…
South Korea's benchmark KOSPI surged 15 percent on Friday, after jumping as much as 17 percent earlier, following comments from Microsoft and Amazon that they plan to continue spending on AI infrastru…
Samsung Electronics and SK Hynix posted a combined 150 trillion won in operating profit for the quarter ended June 30, with Samsung reporting 89.5 trillion won and SK Hynix 60.5 trillion won, both rec…
Samsung Electronics and SK Hynix, whose revenues make up 80% of the global memory sector, generated a combined operating profit of 150 trillion won ($104 billion) in the June quarter, driven almost en…
Singapore chip stocks AEM and UMS Integration led a tech surge on Friday (Jul 31) as confidence returned to the artificial intelligence trade, with AEM rising as much as 12.5% to S$8.52 and UMS adding…
South Korea's Kospi index jumped 13.1% to 6,330.59 on Friday, led by a surge in AI-related stocks after a sharp sell-off earlier in the week. Samsung Electronics shares rose 19.3% and SK Hynix soared …
Asian stocks rose Friday, with South Korea's Kospi Index surging over 14% as chip majors SK Hynix and Samsung Electronics rallied, reviving confidence in the artificial intelligence trade. The yen hel…
Leopold Aschenbrenner's $24 billion AI-focused hedge fund Situational Awareness sold off the bulk of its public equities to Ken Griffin's $71 billion Citadel fund after suffering massive losses on AI …
Sandisk and SK Hynix are developing high-bandwidth flash (HBF) memory technology that could boost GPU accelerator memory capacity from hundreds of gigabytes to terabytes by stacking NAND flash layers,…
China's state-backed DRAM maker ChangXin Memory Technologies (CXMT), now holding 7.7% of the global DRAM market, completed an $8.6 billion IPO on July 27, 2026, with shares surging 466% on the first d…
Investors sold off $1.3 trillion from the 20 most valuable chip stocks over the past week, led by Nvidia's $238 billion loss, according to CNBC analysis. Morningstar Chief Equity Strategist Michael Fi…
Leopold Aschenbrenner's hedge fund, Situational Awareness, was forced to sell off the majority of its public positions after suffering major losses, according to CNBC. The fund, which had about $45 bi…
Samsung Electronics forecast during its Q2 2026 earnings call on July 30 that the global memory chip shortage will worsen in 2027 and persist into 2028, driven by AI demand for high-bandwidth memory. …
Leopold Aschenbrenner's AI hedge fund Situational Awareness LP (SALP) liquidated its entire public equity portfolio around July 30, 2026, after margin pressure from losses in key positions like SK Hyn…
Leopold Aschenbrenner's hedge fund Situational Awareness has been forced to sell its entire public stock portfolio after steep losses on leveraged AI bets, with Citadel buying the book. The fund, whic…
Microsoft's enterprise AI business is surging, expanding OpenAI's influence, while SambaNova emerges as a company to watch, according to a July 30, 2026 analysis by Tom Krazit. The report also highlig…
Samsung Electronics reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a 19-fold increase from a year earlier, driven by AI chip demand. Despite the recor…
Samsung expects the RAM supply crisis to worsen, with Jaejune Kim, head of sales and marketing for memory, saying supply limits will become "more severe in 2027 than 2026" and that no significant incr…