Bitcoin fell 4.5% to below $60,000 for the first time since September 2024, erasing all gains since Donald Trump's election victory. The decline is partly attributed to capital shifting from crypto to…
Micron Technology Inc.'s earnings report on Wednesday is critical as investors question the sustainability of the AI rally. The memory-chip maker's shares have surged 270% this year, but concerns grew…
SK Hynix plans to raise up to $29.4 billion through an American Depositary Receipt listing on Nasdaq, one of the largest ADR offerings ever. The South Korean memory chipmaker aims to fund new fabricat…
Micron Technology reports fiscal Q3 2026 earnings today, with analysts projecting revenue of $34.5-$35.5 billion, driven by surging demand for AI memory chips like HBM. Tokenized MU shares on Solana e…
Big Tech companies including the Magnificent Seven, Broadcom, and Oracle have lost roughly $2.7 trillion in market value this month as investors question whether massive AI infrastructure spending can…
Major US indices opened higher on June 24, snapping a two-day tech-led sell-off that erased billions in market value. The Nasdaq Composite had fallen 2.2% in a single session, while the Dow Jones Indu…
SK Hynix plans to raise approximately $29.4 billion through a Nasdaq listing of American Depositary Receipts, issuing 17.79 million new shares as AI-driven demand for high-bandwidth memory chips surge…
Micron Technology Inc is set to report third-quarter earnings on Wednesday, with Wall Street expecting revenue of $35.5 billion, a 281% year-over-year increase, driven by surging demand for memory chi…
Micron Technology reports fiscal Q3 2026 earnings on June 24, with analysts expecting adjusted EPS above $20 and revenue surpassing $33 billion, serving as a stress test for AI infrastructure stocks. …
Micron Technology briefly surpassed a $1 trillion market capitalization in late May 2026 after its shares jumped roughly 19%, driven by UBS raising its price target to $1,625 and investor expectations…
SK Hynix plans to list about $29.7 billion in American depositary receipts on Nasdaq on July 10, betting that AI memory demand will sustain growth beyond historical boom-and-bust cycles. The company a…
SK Hynix plans to list American Depositary Receipts on Nasdaq on July 10, targeting a $30 billion raise as AI demand drives its market cap past $1 trillion. The South Korean memory chipmaker, a leader…
South Korea's government is in talks with Samsung Electronics and SK Hynix about building a second chip cluster, driven by explosive AI demand that could require new fab construction by 2034-2035. Pre…
SK Hynix, South Korea's top memory chipmaker, plans to raise up to $33 billion through new depositary receipts and a US listing as early as August 2026 to fund AI chip production. The company filed fo…
South Korea's KOSPI index plunged 9.99% on June 23, triggering circuit breakers, as SK Hynix and Samsung Electronics dropped over 12% amid doubts about the AI-driven rally. The KOSPI had surged more t…
South Korea's government is negotiating large-scale semiconductor investments with Samsung Electronics and SK Hynix, with an announcement expected soon. Presidential policy adviser Kim Yong-beom cited…
Wall Street ended lower on June 23, with the Nasdaq plunging 2.2% and the S&P 500 dropping 1.4%, as investors sold off semiconductor stocks amid concerns that hyperscaler AI spending may not generate …
Asian stocks were mixed on Wednesday after a sell-off in big technology stocks from Asia to Wall Street, with South Korea's Kospi recovering slightly from a 10% decline and Tokyo's Nikkei 225 falling …
Tech stocks in Asia fell sharply on Tuesday, with South Korea's Kospi index dropping over 10% and trading temporarily halted, as investors took profits in chip giants SK Hynix and Samsung Electronics.…
Tech stocks tumbled Tuesday, dragging the Nasdaq down about 2%, as investors sold off shares of AI-related companies amid concerns over sky-high valuations, massive data-center spending, and geopoliti…