SK Hynix, South Korea's top memory chipmaker, plans to raise up to $33 billion through new depositary receipts and a US listing as early as August 2026 to fund AI chip production. The company filed fo…
South Korea's KOSPI index plunged 9.99% on June 23, triggering circuit breakers, as SK Hynix and Samsung Electronics dropped over 12% amid doubts about the AI-driven rally. The KOSPI had surged more t…
South Korea's government is negotiating large-scale semiconductor investments with Samsung Electronics and SK Hynix, with an announcement expected soon. Presidential policy adviser Kim Yong-beom cited…
Wall Street ended lower on June 23, with the Nasdaq plunging 2.2% and the S&P 500 dropping 1.4%, as investors sold off semiconductor stocks amid concerns that hyperscaler AI spending may not generate …
Asian stocks were mixed on Wednesday after a sell-off in big technology stocks from Asia to Wall Street, with South Korea's Kospi recovering slightly from a 10% decline and Tokyo's Nikkei 225 falling …
Tech stocks in Asia fell sharply on Tuesday, with South Korea's Kospi index dropping over 10% and trading temporarily halted, as investors took profits in chip giants SK Hynix and Samsung Electronics.…
Tech stocks tumbled Tuesday, dragging the Nasdaq down about 2%, as investors sold off shares of AI-related companies amid concerns over sky-high valuations, massive data-center spending, and geopoliti…
A sell-off in US AI stocks on Monday triggered global market declines, with the Nasdaq falling 2.2% and Asian markets following suit as concerns over AI spending bubbles and potential Fed rate hikes i…
Asian markets rebounded Wednesday after a global tech-led selloff, with South Korea's Kospi jumping as Samsung Electronics recovered more than 9%. Investors await Micron Technology's earnings for sign…
The European Union, along with the Netherlands, Germany, and Greece, joined the US-led Pax Silica initiative on June 23, expanding a supply chain security bloc focused on AI chips, critical minerals, …
South Korean regulators are considering restrictions on leveraged ETFs after a sharp selloff in chip stocks, with Samsung and SK Hynix falling over 12% and the Kospi index dropping 10%, triggering a t…
China's CXMT, the country's leading DRAM manufacturer, is set to go public on the STAR Market in what could be the largest semiconductor IPO in China. Founded by Zhu Yiming, the company has leveraged …
Tech stocks tumbled Tuesday, with the Nasdaq Composite falling nearly 2%, as a global sell-off in chipmakers sparked fears of an AI bubble burst. Major semiconductor companies like Samsung, SK Hynix, …
A sharp selloff in South Korean stocks, driven by leveraged bets on AI-related semiconductor stocks, cascaded into US tech markets on Tuesday, highlighting that leverage in AI trading poses a greater …
Micron has made a strategic investment in Anthropic's Series H funding round and secured a supply deal to provide HBM, DRAM, and SSDs to the AI company. The partnership includes joint analysis of AI m…
Insilico Medicine and SK Biopharmaceuticals announced a partnership valued at over $2.5 billion to use AI for developing neuroimmune therapies. Insilico will leverage its Pharma.AI platform for drug d…
SK Hynix overtook Samsung Electronics as South Korea's most valuable company on Monday, with a market capitalization of approximately $1.35 trillion, driven by a 340% surge this year due to the AI boo…
SK Hynix briefly overtook Samsung Electronics on June 22, 2026, to become South Korea's most valuable listed company, driven by surging demand for high-bandwidth memory (HBM) used in AI systems. SK Hy…
South Korea's top economic policymaker Kim Yong-beom warned that the AI-driven semiconductor boom could inflate housing prices as excess liquidity flows into real estate, urging a normalization of pro…
SK Hynix briefly surpassed Samsung Electronics to become South Korea's most valuable company, reaching a $1.35 trillion market cap on June 22, 2026, driven by surging demand for its high-bandwidth mem…