Asian markets fell sharply on July 7, 2026, with South Korea's Kospi dropping 7.6% and shares of Samsung Electronics and SK Hynix each slumping 8.7%, despite Samsung reporting a 19-fold surge in opera…
Asian markets fell sharply on Tuesday, with South Korea's Kospi dropping 7.6%, despite a rebound in AI stocks that lifted the S&P 500 to near a record. Samsung Electronics and SK Hynix slumped 8.7% ev…
Samsung Electronics reported a 19-fold jump in Q2 operating profit to 89.4 trillion won, driven by surging demand for AI memory chips, but shares fell nearly 8% as investors worry the AI boom may be c…
Samsung reported a preliminary operating profit of about $58 billion for its latest quarter, beating forecasts by 6%, but its stock fell over 9% as investors expected even stronger results from the AI…
Asian tech stocks slumped on July 2, 2026, as investors locked in profits after Samsung Electronics' shares surged over 180% earlier in the year. Samsung dropped 9% and SK Hynix fell up to 14.57%, dra…
Samsung Electronics reported a 19-fold surge in second-quarter 2026 operating profit to 89.4 trillion won, beating estimates, but shares fell up to 7.9% as investors questioned the sustainability of A…
Asian equities slipped in early July 2026 despite Samsung's forecast of an 18-fold profit surge driven by AI chip demand, while the Japanese yen slid to 40-year lows near 162 per dollar, reshaping the…
SK Hynix is listing American depositary shares on the Nasdaq under ticker SKHY, giving U.S. investors direct access to the dominant HBM chipmaker. The $28.1 billion offering, the largest-ever U.S. sto…
Syntiant Corp., an Irvine-based chipmaker specializing in low-power AI processors for earbuds and hearing aids, filed for an IPO on July 6 amid a Wall Street selloff of AI chip stocks. The company, ba…
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…