Dow Jones futures fell and oil prices jumped on Iran news, while Seagate, SK Hynix, KLA, and Bloom Energy emerged as AI earnings movers. The article was not accessible due to automation detection, wit…
SK Hynix reported Q2 2026 operating profit of KRW 60.54 trillion, a 557% surge from a year earlier, but missed analyst expectations of KRW 64 trillion, causing shares to slump 9.6% to 13% on the Korea…
Asian semiconductor stocks plunged for a second straight day on Wednesday, with Seoul's Kospi index falling 12.6% at one point after SK Hynix reported record profits that missed investor expectations,…
Nvidia lost its position as the world's most valuable company as chip stocks dropped 13% in Asia and the US. South Korea's Kospi index was halted after an 8% slide and closed 10.8% lower, with Samsung…
Micron Technology announced on March 16, 2026, that its 36GB 12-high HBM4 memory is in high-volume production for Nvidia's Vera Rubin platform, with bandwidth exceeding 2.8 TB/s and a 2.3 times improv…
Asian stock markets tumbled on Wednesday, with South Korea's Kospi falling over 8% after a 11% drop on Tuesday, driven by AI-related sell-offs and geopolitical tensions. Chip giants SK Hynix and Samsu…
Asian stocks sank on Wednesday, extending a sell-off as anxiety about artificial intelligence valuations and spending returns rattled investors ahead of big tech earnings and a US Federal Reserve poli…
Asian stocks slid on Wednesday, extending a brutal sell-off as anxiety about artificial intelligence valuations, rising competition, and spending rocked markets ahead of crucial earnings from big tech…
Micron Technology reported record fiscal Q3 2026 revenue of $41.46 billion, a 345% year-over-year jump, and guided Q4 to roughly $50 billion as its entire high-bandwidth memory production capacity is …
Shares in major chip firms fell sharply in the US and Asia as a sell-off in AI-related stocks deepened, with South Korea's Kospi index closing 10.8% lower after a temporary trading halt. The slump was…
SK Hynix, the world's second-largest memory-chip maker, reported a sixfold surge in quarterly profit driven by booming demand for AI semiconductors, and said it secured multiyear contracts with about …
SK Hynix reported a record operating profit of 60.5 trillion won for Q2 2024, a more than sixfold increase from 9.2 trillion won a year earlier, driven by AI chip demand, but missed the LSEG SmartEsti…
Apple became the second company to reach a $5 trillion market capitalization, hitting $5.04tn on Tuesday, as investors fled AI and semiconductor stocks amid a broader tech sell-off. The iPhone maker's…
SK Hynix reported a record quarterly profit of 8.6 trillion won ($6.4 billion) for the fourth quarter, but the result missed analyst estimates, sending its shares down 10% despite robust demand for AI…
Taiwan Semiconductor Manufacturing Company (TSMC) and Tencent Holdings have broken into the top 100 of the Fortune Global 500 for the first time, driven by surging demand for AI chips and digital plat…
The Nasdaq-100 has fallen 9.7% from its record high, driven by a semiconductor selloff that analysts say is at odds with strong memory demand. South Korea's Kospi dropped nearly 11% on Tuesday, its ei…
The Nasdaq 100 entered correction territory on July 28, falling more than 10% from its recent peak amid a semiconductor selloff driven by AI spending fears. JPMorgan projects hyperscalers will spend n…
The AI stock bubble is deflating, with chip stocks cratering globally Tuesday as investors fled the sector, sending South Korea's Kospi index down more than 10 percent and dragging the Nasdaq into cor…
A global memory supply shortage driven by surging AI demand caught nearly all experts off guard, according to a post on Grey Enlightenment. The shortage, which began in 2025 and continues into 2026, h…
Dutch chipmaking equipment supplier ASM International projected third-quarter revenue of roughly 1.1 billion euros ($1.25 billion), beating the 994.5 million euros analysts expected, driven by sustain…