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 …
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 …
South Korea's semiconductor exports hit a record $37.16 billion in May 2026, up 169.4% year-over-year, driven by global AI chip demand, prompting the government to raise its 2026 GDP growth forecast t…
BlackRock's iShares MSCI South Korea ETF (EWY) pulled in a record $281 million on February 12, driven by investor demand for SK Hynix, which accounts for roughly 23% of the fund's holdings. The memory…
US chip and memory stocks lost over $1 trillion in market value in a brutal selloff triggered by Broadcom's AI chip guidance falling short of analyst expectations and a strong jobs report raising rate…
The Philadelphia Semiconductor Index (SOX) has fallen over 11% from its June 2026 high, erasing roughly $1.5 trillion in market value since late June, as waning AI-driven enthusiasm pushes memory-chip…
Mizuho Securities analyst Daniel O'Regan named Micron Technology the third most important stock globally behind Nvidia and Alphabet, citing AI-driven demand that has sold out all of Micron's 2026 high…
Huawei is building its own DRAM fabrication plants, likely through a joint venture with SwaySure (SWX), according to analysts and media reports. The move aims to address a global DRAM shortage driven …
Global investors poured a near-record $120.8 billion into U.S. stocks in May, the second-highest monthly inflow ever, according to Treasury International Capital data, driven by a fear of missing out …
Chip stocks continued to sell off in pre-market trading Thursday after Taiwan Semiconductor Manufacturing Company (TSM) failed to impress Wall Street with its robust earnings, exacerbating turmoil in …
Technology stocks led global markets lower Thursday, with the Nasdaq futures down 0.8% as chip and memory companies like Western Digital and SanDisk fell over 7%, amid investor concerns that AI-driven…
Leveraged exchange-traded funds have become a dominant force in South Korea's stock market, amplifying volatility in semiconductor giants Samsung Electronics and SK Hynix as retail and institutional m…
SK Hynix, the South Korean semiconductor company controlling roughly 57% of the global high-bandwidth memory market, landed on the Nasdaq on July 10 with a $28-29 billion American Depositary Receipt l…
Southeast Asia risks missing the AI boom because the region 'has not really moved up the value chain' and contributes only 6% of global intermediate manufacturing versus 15% for China, Standard Charte…