Samsung Electronics reported record profits for April-June 2026, with operating profit of 89.4 trillion won and revenue of 171 trillion won, driven by surging demand for AI memory chips. The company's…
Samsung Electronics posted a second-quarter operating profit of 89.4 trillion won ($58 billion), up 1,810% year-over-year, driven by surging AI memory demand that lifted DRAM and NAND prices. The reco…
South Korean memory chipmaker SK Hynix plans to sell nearly 17.8 million shares in a U.S. IPO, potentially raising around $28 billion. The company is capitalizing on an AI-fueled memory chip shortage …
Samsung Electronics Co. reported a 19-fold surge in quarterly profit, beating elevated expectations, driven by runaway demand for memory chips used in AI data centers. The world's largest memory maker…
South Korea's SK Hynix is launching a $28 billion Nasdaq listing to give US investors easier access to the AI memory-chip boom. The company will sell 17.79 million new shares as American Depositary Re…
SK Hynix announced a US share sale aiming to raise up to $36 billion to fund new chip fabrication plants and ASML equipment. Samsung and SK Hynix are leading a South Korean government initiative to in…
SK Hynix is targeting a $28 billion US initial public offering to fund expansion of AI-driven chip production. The South Korean memory chipmaker aims to capitalize on surging demand for high-bandwidth…
South Korean chip workers at SK Hynix and Samsung have become highly sought-after in the dating market due to massive bonuses from AI chip profits, while researchers have developed a device that reviv…
South Korean chip workers at SK Hynix and Samsung have become highly sought-after in the dating market due to massive bonuses from the AI chip boom, with some employees receiving up to $476,000 extra …
Kioxia launched a 332-layer NAND flash with 4.8 Gb/s interface speed, leapfrogging rivals Micron, Samsung, and SK Hynix. The Japanese chipmaker targets enterprise and data center SSDs for AI workloads…
Micron Technology broke ground on a $9.3 billion expansion of its Hiroshima factory to produce high-bandwidth memory for AI accelerators, with commercial shipments expected by summer 2028. The Japanes…
Micron broke ground on a $9.3 billion expansion of its Hiroshima plant to produce high bandwidth memory for Nvidia's AI chips, aiming to challenge SK Hynix's dominant market share. The project, subsid…
Micron Technology broke ground on a ¥1.5 trillion ($9.6 billion) expansion of its Hiroshima, Japan factory to produce high-bandwidth memory chips for AI applications, with construction starting in May…
SK Hynix plans to list American depositary receipts on the Nasdaq under ticker SKHY around July 10, aiming to raise up to $29.65 billion in the largest ADR offering in over two decades. The listing co…
Over $610 billion in AI hardware capital expenditure was committed globally in a single week, including South Korea's $550B memory fab investment, Japan's $6B for AI model development, and Qualcomm's …
Samsung Electronics is raising prices on commodity DRAM and LPDDR memory chips by over 20% in Q3 2026, marking the third consecutive quarter of significant hikes. The increases, driven by supply bottl…
Semiconductor stocks lost 12% in two sessions while the Dow hit a record, as investors rotated from AI chip makers to enterprise software companies. A weak jobs report crushed rate-hike odds.…
The semiconductor industry group SEMI warned the Trump administration against intervening in the memory chip market, arguing that price or production controls would worsen the ongoing shortage driven …
Kioxia has begun sampling its tenth-generation 332-layer 3D NAND BiCS chips, featuring 1 Tbit TLC capacity and a 4.8 Gbit/s interface speed. The technology introduces CMOS directly Bonded to Array and…
Kioxia and Sandisk have begun sampling their tenth-generation 3D NAND BiCS chips with 332 layers, featuring 1 Tbit TLC chips for enterprise and data center SSDs. The new technology introduces CMOS dir…