Oil prices slipped and world shares were mixed on Thursday as investors sold artificial intelligence-related stocks in Asia, with South Korea's Kospi falling 1.2% after losing more than 16% over the p…
South Korea's KOSPI index lost approximately $2.18 trillion in market value over July 28-29, plunging nearly 40% from its peak in just over a month, as an AI-stock unwind crushed leveraged retail inve…
Samsung executives said the RAM shortage is expected to continue through 2028, with unmet demand from 2026 carrying over into 2027 and further constraining supply. Samsung's semiconductor division rep…
Oil prices slipped and Asian shares traded mostly lower Wednesday, with South Korea's Kospi extending losses after falling more than 16% over the past two days, as investors sold chipmaker stocks amid…
Zhongji Innolight raised HK$53.41 billion ($6.81 billion) in Hong Kong's largest IPO since Alibaba's 2019 secondary listing, but shares fell as much as 9.4% on their July 30 debut, according to the Fi…
Samsung Electronics reported a more than 250-fold rise in semiconductor operating profit to 89.2 trillion won in the second quarter, driven by AI chip demand, and warned that supply shortages could wo…
Samsung Electronics expects AI chip demand to stay strong and supply to remain short in 2026, the company said on Thursday, after posting a more than 250-fold rise in semiconductor operating profit to…
Samsung's semiconductor arm posted an operating profit of 89.2 trillion won ($62 billion) in the June quarter, a more than 250-fold jump driven entirely by the AI memory crunch, Bloomberg reported. Th…
Samsung Electronics reported a record-breaking second-quarter operating profit of 89.5 trillion won ($61.98 billion), a 19-fold surge from a year earlier, driven by explosive demand for AI memory chip…
Samsung Electronics reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a more than 19-fold increase from a year earlier, driven by surging demand for AI m…
ChangXin Memory Technologies (CXMT) became mainland China's most valuable listed company after its shares surged over 500% on its Shanghai debut on Jul 29, pushing its market capitalization to 3.3 tri…
Wall Street closed sharply lower on Wednesday after the Federal Reserve held interest rates steady, with the Nasdaq 100 index dropping 2.1% and marking an 11% decline from its June record high as inve…
South Korean President Lee Jae Myung's government has launched an ambitious industrial policy strategy to promote semiconductors, AI infrastructure, robotics and other frontier industries, with combin…
South Korea's Kopsi index plunged over 40% from its June highs after chipmaker SK Hynix failed to impress investors despite a sixfold earnings increase, triggering two consecutive circuit breakers on …
Apple became the second company in history to reach a $5tn market value on Tuesday, touching $5.04tn, by refusing to heavily invest in AI while rivals like Alphabet, Amazon, Meta, and Microsoft spend …
SK Hynix reported record quarterly revenue of 79.32 trillion won and operating profit of 60.54 trillion won for the second quarter, both missing consensus estimates by roughly 5%, sending shares down …
Mark Cuban and Michael Burry warned that the AI boom is dangerously reliant on Nvidia, comparing its financing of customer purchases to the dot-com IPO bubble. Cuban said on X that Nvidia is acting as…
SK Hynix reported second-quarter 2026 revenues of ₩79.32 trillion ($54.54 billion), up 257% year-over-year, but missed revenue expectations, causing its stock to slump 9.6%. The company's operating pr…
More than $1 trillion in market capitalization was erased from global semiconductor and AI-hardware stocks between July 24 and July 29, with Nvidia, SK Hynix, Samsung Electronics and Micron accounting…
SK Hynix shares fell after the company said it expects capital expenditures to surge 50% this year to at least $31 billion, highlighting a broader rout in semiconductor stocks. All stocks in the Phila…