SK Hynix surpassed Samsung Electronics to become South Korea's most valuable company, with a market capitalization of 2,080.4 trillion won ($1.35 trillion) on June 23, driven by a 300% year-to-date su…
South Korea's Samsung Electronics and SK Hynix announced plans to invest roughly $518 billion (800 trillion won) in semiconductor infrastructure, building four new chip fabrication plants and doubling…
A punishing technology selloff erased billions in market value in the week ending July 17, with the technology sector tumbling 5.9% and the iShares Semiconductor ETF sinking 19% month to date, as inve…
ASML sold 86 new lithography systems in Q2 2026, including 16 of its most advanced extreme ultraviolet (EUV) machines, as AI chip demand drove net sales to €9.3 billion and net income to €2.9 billion.…
Franklin Templeton analysts are warning investors in Micron Technology and SK Hynix that AI-driven memory chip valuations, which have pushed the combined market cap of the three dominant memory player…
Stocks hammered by a massive margin call and 'push-button liquidity' are poised to rebound, according to Fundstrat Global Advisors cofounder Tom Lee, who has a strong recent track record of market for…
SK Hynix has captured roughly 70% of Nvidia's HBM4 memory orders for the upcoming Vera Rubin AI platform, making Nvidia the first customer for the next-generation memory chips. The multi-year co-devel…
India's smartphone shipments fell 10 percent year over year in the second quarter of 2026, the steepest June-quarter decline in six years, according to Counterpoint Research. The drop is driven by a m…
Apple closed at $4.88 trillion on Friday, overtaking Nvidia's $4.86 trillion to reclaim the title of world's most valuable company for the first time since April 2025. Nvidia fell 3.5% as investors br…
India's smartphone shipments fell 10% year-over-year in the April-June quarter, the steepest June-quarter decline in six years, as AI-driven demand for memory chips pushed up handset prices, according…
Apple overtook Nvidia on Friday to become the world's most valuable company, with a market valuation of $4.88tn compared to Nvidia's $4.86tn after a 3.5% decline. The shift reflects investors broadeni…
Apple has regained the title of the world's most valuable company with a $4.88 trillion valuation, overtaking Nvidia which fell to $4.86 trillion after a 3.5 percent market value decline. The shift re…
ASML is granting nearly all of its 44,500 employees a one-off share award worth €20,000 each, locked until 2030, to retain talent amid tight labor markets for EUV lithography engineers. The retention …
ASML is giving all 45,000 employees a one-time €20,000 share award vesting in 2030, the company confirmed on Friday, as AI demand drives record sales. The payout joins a wave of AI-boom bonuses across…
The Philadelphia SE Semiconductor Index fell 11% this week, heading for its steepest weekly decline in over a year and down 24% from its late June high, as investors rotated out of AI-exposed stocks a…
The PHLX Semiconductor Index (SOX) has entered bear market territory, falling nearly 20% from its late-June peak and erasing roughly $1.5 trillion in market value, as the AI chip rally reverses. Analy…
SK Hynix's American Depositary Receipts fell below their $149 listing price for the first time on July 13, erasing the entirety of their debut rally in less than a week of trading. The South Korean me…
A report from SK Hynix indicating slowing production of AI memory chips triggered a global market rout on June 23, 2026, with SK Hynix and Samsung Electronics each falling more than 10% intraday and t…
South Korea's KOSPI index has been transformed into an AI-fueled casino, with more than half of all circuit breakers in its history triggered in the past six months due to extreme volatility from leve…
Asian stocks tumbled this week even after Taiwan's TSMC reported blockbuster numbers, with Korea's KOSPI plunging 6% on Thursday amid concerns about AI capex durability and unwinding of leveraged posi…