The iPhone 18 Pro range launching this September could cost $200 to $300 more than current models, driven by a global shortage of memory chips that are also in high demand for AI data centers, accordi…
South Korea's daily crypto trading volume has plunged 89% year-over-year to about 2.7 trillion won ($2 billion) as retail investors shift to equities, with the KOSPI surging 114% to peak above 8,800 i…
The PHLX Semiconductor Index (SOX) has pulled back roughly 20% from its mid-June peak, erasing more than a third of its 2026 gains in about three weeks, according to market analysis. The selloff was t…
GlobalData.TS Lombard says South Korea's tech rally is losing momentum as memory-chip pricing cools and Chinese capacity expands, favoring Taiwan and Japan as better long-term AI investment plays. The…
SK Hynix completed the largest U.S. share sale by a foreign company in history, raising $26.5 billion as its American depositary receipts began trading on Nasdaq, with shares surging 13% on the first …
SK Hynix now generates 65% of its revenue from the United States, driven by AI infrastructure demand for its high-bandwidth memory chips, not crypto mining. The South Korean chipmaker posted 97.1 tril…
TSMC posted its fifth consecutive record quarter on July 16, with revenue hitting $40.2 billion (up 36% year-over-year) and net profit surging 77%, as CEO C.C. Wei flagged that agentic AI is creating …
SK Group Chairman Chey Tae-won warned that demand for AI memory chips, specifically high-bandwidth memory (HBM), is exceeding supply by 60% to 100%, and governments are beginning to treat memory acces…
US stock futures climbed on Monday as Asian equity markets staged a sharp recovery led by semiconductor stocks, with South Korea's Kospi surging 3.6% and Japan's Nikkei 225 rallying 3.3%. Samsung Elec…
South Korea plans to build the Honam semiconductor complex, an 800 trillion won ($540bn) chip hub in the rural southwest, by 2030, but the region lacks the electricity and water to support it. The clu…
Chinese startup Moonshot AI released its Kimi K3 AI model on Jul 17, delivering performance that rivals top-tier offerings from OpenAI and Anthropic, according to the Beijing-based firm. The news sent…
Japan's Chugai Pharmaceutical aims to deploy 10 specialized AI agents per employee to double its R&D output by 2030, shifting the domestic enterprise AI playbook from generic productivity tools to pro…
China's chip exports nearly doubled in the first half of 2024, driven by mature logic integrated circuits, while Nvidia's H200 chips have resumed limited imports into China. The US leads in advanced A…
Asian shares mostly gained on Tuesday, with South Korea's Kospi jumping 4.7% and Japan's Nikkei 225 adding 2.8%, recovering some losses from recent AI stock sell-offs. The Kospi surged as Samsung Elec…
South Korea's plan to build an 800 trillion won ($540 billion) semiconductor hub in the southwest by 2030 faces local backlash over power and water demands, with residents opposing new transmission li…
South Korea's exports hit a record $29.8 billion in the first 10 days of July, driven by semiconductor shipments that nearly tripled to $11.2 billion, according to Korea Customs Service data. The chip…
ASML, the Dutch semiconductor equipment maker, is offering eligible employees a one-time conditional share award worth €20,000 as a retention grant through 2030, targeting roughly 45,000 workers world…
UBS projects Micron Technology will generate over $400 billion in cumulative free cash flow between 2027 and 2029, driven by AI memory demand, enabling the company to repurchase more than 40% of its o…
Semiconductor stocks led by AMD, Micron Technology, and SK Hynix jumped on Monday, recovering from a 9% drop in the PHLX Semiconductor Index last week. AMD rose 4% after Rosenblatt and UBS raised pric…
South Korea's US$4 trillion equity market, led by AI-driven swings in Samsung Electronics and SK Hynix, is increasingly setting the tone for global stocks, with the 60-day correlation between the Kosp…