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…
Analysts see massive upside for SK Hynix as the AI cycle continues, but questions remain about the sustainability of demand for memory chips used in artificial intelligence applications.…
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…
Nasdaq 100 futures dropped roughly 2% on July 17 as a brutal selloff in semiconductor stocks deepened, with Bitcoin falling about 2% to $62,790.91 amid growing doubts about AI hardware valuations. The…
Tech stocks led a steep global sell-off as investors lost faith in the AI chip trade, with U.S. futures down 0.66% following declines in Asia and Europe. Chipmaker TSMC fell 2.63% and Netflix dropped …
Asia's AI chip rally is unraveling as Japan's Kioxia has lost half its value since its June peak, wiping about 30 trillion yen ($185 billion) off its market value, while Samsung Electronics and SK Hyn…
Global stocks lost $1.3 trillion in value as the artificial intelligence trade reversed, hitting AI and semiconductor stocks including Micron Technology, SK Hynix, and Samsung Electronics. The Nasdaq …
Coronation Fund Managers, a South African firm overseeing roughly $47 billion in assets, has reduced its positions in TSMC and SK Hynix, redirecting capital toward Indian equities due to concerns that…
SK Hynix's American depositary receipts raised $26.5 billion in the second-biggest share sale in Wall Street history on July 10, but the stock has since swung wildly, with a 13% debut gain followed by…
Japan's Nikkei 225 plunged 5% in its steepest single-day decline in months as investors aggressively sold chipmaker and AI-related stocks, erasing weeks of gains. SoftBank Group fell nearly 7%, Tokyo …
Asian tech stocks fell on Friday after a tech rout on Wall Street, where the Nasdaq dropped 1.5% following a TSMC report that received a cool market reception despite beating profit expectations. Japa…
Kioxia's market cap dropped roughly 50% from its June 2026 peak, erasing approximately 29.5 trillion yen ($181.7B), after the stock surged more than 600% year-to-date on AI memory demand. The decline …