SK Hynix American depository shares fell 8.9% on Monday, days after the company's record-breaking $26.5 billion U.S. IPO, as analysts raised concerns about valuation and cyclical demand for high-bandw…
The Dow Jones Industrial Average fell 152 points (0.3%) Monday as oil prices surged to nearly $80 a barrel after President Trump announced a blockade and 20% toll on cargo through the Strait of Hormuz…
Memory stocks like SK Hynix, Sandisk, and Micron Technology trade at price-to-earnings multiples in the bottom 20% of the S&P 500 as of June 30, 2026, despite surging demand from AI data centers. SK H…
Bank of America says analog chipmakers are emerging beneficiaries of the AI infrastructure boom, with AI-related sales across the group expected to grow 50% to more than 100% this year. Analyst Vivek …
The AI boom has broken the memory market's boom-bust cycle, with DRAM and NAND prices soaring instead of falling, and IDC does not expect relief until 2028. SK Hynix and Micron have tripled revenues i…
TSMC shares climbed ahead of its Q2 2026 earnings report on July 16, while SK Hynix shares pulled back after its Nasdaq debut on July 10, where the IPO raised between $26.5 billion and $28 billion and…
Micron Technology shares fell 6% on July 13 after SK Hynix posted a second-quarter profit forecast 8% below analyst consensus, driven by delayed shipments of HBM4 chips. The miss triggered a 15% singl…
South Korea's Kospi index plunged 9% on Monday, deepening a 27% loss over three weeks, as AI stock jitters collided with a retail debt crisis that saw brokerages liquidate over $100 million in retail …
Tech stocks fell Monday amid a broader market downturn driven by renewed US-Iran hostilities and investor scrutiny over AI spending profitability. Meta alleviated some concerns by announcing new reven…
Huawei is reportedly building a 12-inch DRAM wafer plant in Shenzhen, China, with a projected capacity of 140,000 wafers per month, in partnership with local memory chipmaker Swaysure and with support…
SK Hynix stock sank 15% in Asia on Monday, leading a broad decline in chip stocks as investors took profits amid concerns of an overstretched AI trade and a report that the company's operating profit …
TSMC posted a 36% year-over-year Q2 revenue surge to $39.6 billion, driven by sustained AI demand, and is expanding advanced packaging capacity in Chiayi, Taiwan with a $9.35 billion investment to add…
South Korea will draw up a record budget of more than 800 trillion won ($530.97bn) for fiscal 2027, financed by stronger tax revenues from the booming AI chip industry, Budget Minister Park Hong-keun …
TSMC broke ground on three advanced packaging facilities in the second phase of the Chiayi Science Park in southern Taiwan, National Science and Technology Council minister Wu Cheng-wen said Sunday. T…
South Korea expects a record tax windfall from the AI-driven semiconductor boom, boosting its 2027 tax revenue estimate to 500 trillion won ($331.6 billion), far surpassing an earlier forecast of 412.…
TSMC increased sales by 36% in the second quarter of 2024, with revenue reaching 1.27 trillion Taiwanese dollars ($39.6 billion), in line with analyst estimates, driven by a 68% surge in June sales ye…
China's June export data, expected to show 18.2% year-on-year growth, is increasingly driven by AI hardware shipments, with automated data processing equipment exports surging 60% in May versus 1.9% f…
SK Hynix Inc. shares fell 10% on the Korea Exchange on Monday after the memory chipmaker's American depositary receipts climbed 13% in its US trading debut Friday, with the $26.5 billion offering bein…
SK Hynix raised $26.5 billion in the largest foreign IPO in US history, signaling investor demand for memory chips over GPUs. NVIDIA's stock fell 15% while memory maker Micron tripled, and H100 GPU re…
SK Hynix and Samsung are under pressure to build manufacturing plants in the U.S. as the AI chip market booms, driven by unprecedented demand for AI hardware. This strategic shift aims to reduce U.S. …