Samsung Electronics and Broadcom signed a memorandum of understanding worth more than $200 billion for AI memory, foundry and advanced packaging through 2030, announced at an AI summit in San Francisc…
South Korea announced $950 billion in new AI initiatives involving Samsung Electronics, SK Group and U.S. tech firms, including a $500 billion partnership between SK Hynix and Nvidia, as global AI lea…
Samsung Electronics signed a memorandum of understanding with Broadcom valued at over $200 billion to supply high-bandwidth memory and 2-nanometer foundry services for Broadcom's next-generation AI ch…
SK Hynix and Samsung Electronics have signed long-term memory chip supply deals with Nvidia and Broadcom totaling $950 billion, with SK Hynix supplying $750 billion primarily to Nvidia and Samsung con…
Nvidia will invest US$1 billion in Naver to help finance an AI data centre in South Korea, more than tripling the facility's size, and expand its partnership with SK Group to build over 2 gigawatts of…
Anthropic, the company behind the Claude AI models, has approached SK Hynix about securing high-bandwidth memory chip supplies to support its push into custom semiconductor development. The move follo…
Nvidia has secured a supply agreement for high-bandwidth memory from SK Hynix as part of a broader $500 billion AI infrastructure deal, ensuring critical components for its GPUs and AI systems.…
South Korean President Lee Jae Myung will host an AI summit in San Francisco on July 25 with CEOs from Nvidia, OpenAI, Anthropic, and Broadcom, aiming to position South Korea as a cornerstone of the g…
Asia-focused hedge funds that rode the AI chip rally to gains of 60% to 120% in the first half of 2026 have given back 12% to 17% in July as a $137 billion foreign exodus from Asian equities and a 31%…
South Korean President Lee Jae Myung convened an AI summit in San Francisco on Friday with CEOs from Nvidia, OpenAI, Anthropic, and Broadcom, unveiling the "San Francisco AI Declaration" to position S…
Nvidia announced a series of Korean AI deals with SK Hynix, Naver, SK Telecom, Doosan and LG, though the companies did not disclose the value of those agreements. Naver's Gak Sejong data centre will b…
SK Group Chairman Chey Tae-won confirmed that Anthropic, the AI company behind Claude, is building its own computing power rather than relying entirely on third-party providers, signaling a deeper AI …
SK Telecom plans to build up to 15 gigawatts of AI data center capacity by 2035, with the first 5 GW phase starting operations in 2029. The South Korean telecom operator, partnering with Nvidia on a j…
Samsung Electronics and SK Hynix are preparing to announce long-term memory supply agreements with major U.S. technology companies during South Korean President Lee Jae-myung's trip to San Francisco, …
Real-world assets (RWAs) accounted for 54% of Hyperliquid's weekly trading volume during July 13–19, the first time non-crypto assets have dominated the exchange, according to ARK Invest director of d…
Intel and Micron shares fell more than 7% after Broadcom's AI chip forecast missed Wall Street expectations, triggering a semiconductor selloff that erased roughly $1.3 trillion in sector market value…
Samsung Electronics and SK Hynix will announce multi-year memory chip supply contracts with US technology companies on July 24 during South Korean President Lee Jae Myung's visit to San Francisco, dri…
A South Korean appeals court ordered SK Group chairman Chey Tae-won to pay his ex-wife Roh Soh-yeong approximately $645 million in cash on Friday, ending the decade-long 'divorce of the century' legal…
SK Hynix has invested in Etched, a US-based AI inferencing startup developing rack-scale systems with Low Voltage Inference and Cluster Scale Memory to address GPU memory bottlenecks. Etched, founded …
A South Korean appellate court on July 24 ordered SK Group Chairman Chey Tae-won to pay his former wife Roh Soh-yeong approximately 944 billion won ($640 million) in their divorce settlement, a reduct…