ChangXin Memory Technologies (CXMT) launched a blockbuster Shanghai IPO with a $487 billion valuation, with retail shares surging 472% and oversubscribed 212 times, demonstrating that domestic Chinese…
Goldman Sachs says artificial intelligence exposure is becoming a genuine driver of foreign exchange performance across Asia, adding complexity that traditional models weren't built for. The bank rele…
Shares of CXMT, China's largest memory chipmaker, surged 472% on their first day of trading on the Shanghai Stock Exchange's STAR market, giving the company a market capitalization of about 3.3 trilli…
CXMT Corp., China's largest DRAM memory-chip maker, surged over 500% in its Shanghai debut on Monday, becoming the mainland's most valuable listed company with a valuation of about 3.3 trillion yuan (…
Etched raised $300 million in a Series C round led by Sequoia, valuing the San Jose chip startup at $10.3 billion, the highest valuation ever for a Sequoia-led Series C. The company, founded by Harvar…
ChangXin Memory Technologies (CXMT) surged as much as 472% on its Shanghai debut Monday, reaching a market value of 3.31 trillion yuan ($489 billion) and becoming the most valuable company listed on m…
South Korea unveiled plans on June 29 to invest over $1 trillion in public and private AI infrastructure, anchored by a $518 billion commitment from Samsung Electronics and SK Hynix to build four new …
CXMT, formerly ChangXin Memory Technologies, surged 472% in its Shanghai debut on Monday after raising 66.6 billion yuan (US$9.8 billion) in China's second-largest IPO ever. The world's fourth-largest…
SK Hynix raised $26.5 billion in a Nasdaq listing on July 10, pricing 177.9 million American depositary shares at $149 each, in what is described as one of the largest US share sales ever by a foreign…
SanDisk, the S&P 500's best-performing stock in 2026, plunged nearly 11% on July 24 after reporting revenue of $5.95 billion, up 251% year-over-year, as the memory chip sector entered a bear market am…
Chinese tech giant Huawei has partnered with DRAM maker SwaySure and the Chinese government to set up a 12-inch memory production plant in Shenzhen, according to semiconductor analysts on X, in a move…
ChangXin Memory Technologies (CXMT) priced its Shanghai STAR Market IPO at 8.66 yuan per share on July 25, raising roughly $9.8 billion at an $85.2 billion valuation, with trading beginning July 27. T…
Alphabet's Q2 earnings revealed capital expenditures of over $78 billion in the first half of the year, with total 2026 spending expected between $195 billion and $205 billion, mostly on data centers …
Ford CFO Sherry House disclosed that DRAM memory chip costs driven by AI data center demand will add roughly $1 billion to the company's expenses in 2026, with spot DRAM prices jumping about 450 perce…
Nvidia and SK Group are launching a more than $500 billion AI initiative in South Korea, including a 2-gigawatt AI data center from SK Telecom powered by Nvidia's Vera Rubin chips and SK Hynix's HBM4 …
Nvidia and South Korea's SK Group announced a $500 billion-plus strategic partnership on July 24 covering a 2-gigawatt AI factory in South Korea and long-term HBM4 memory co-development with SK Hynix,…
Nvidia is investing $1 billion in South Korean internet company Naver to finance an AI data center expansion from 55 megawatts to 200 megawatts, and announced a $500 billion commercial partnership wit…
NVIDIA and South Korea's SK Group announced a semiconductor and AI partnership worth more than $500 billion, while Samsung Electronics and Broadcom expanded their strategic collaboration in a deal est…
Samsung Electronics and Broadcom signed a $200 billion memorandum of understanding on July 24 in San Francisco covering HBM4 memory supply and 2nm foundry services through 2030, the largest bilateral …
Nvidia and SK Group announced a $500 billion-plus strategic partnership on July 24-25, 2026, covering a 2-gigawatt AI factory in South Korea and a long-term memory co-development pact with SK Hynix th…