South Korea's Naver plans to more than triple the size of its Gak Sejong data center through a partnership with Nvidia, adding 55 megawatts of capacity with an operational target of 2027, as it seeks …
Nvidia Corp. CEO Jensen Huang pledged a US$500 billion business partnership with SK Group and announced plans to jointly develop a self-driving Genesis sedan with Hyundai Motor Group during a meeting …
Shares of SK Eternix, an energy unit of SK Group, surged 114.6 percent over the past month to close at 80,900 won ($55.35) on Friday, as investors bet that AI-driven power demand will boost South Kore…
AMD has begun production of Helios, an AI server rack competing with Nvidia's data center systems, with Samsung Electronics supplying the high-bandwidth memory. AMD CEO Lisa Su announced the milestone…
South Korean President Jae Myung Lee and business leaders met with NVIDIA and ecosystem partners at the AI Summit in San Francisco to advance Korea's AI infrastructure and expertise. NVIDIA and KAIST …
South Korea's KOSPI surged 4.40% to close at 7,096.89 on Thursday, reclaiming the 7,000 level for the first time in five sessions, after Alphabet raised its 2026 capital expenditure guidance to $195 b…
Samsung Electro-Mechanics has booked 750 billion won ($510 million) in AI server MLCC orders with two long-term contracts, the second worth 300 billion won signed Thursday with an unnamed global compa…
Seoul stocks surged 2.42 percent late Thursday morning, with the KOSPI reaching 6,961.92, driven by tech gains after Alphabet's second-quarter earnings beat expectations, including 82 percent on-year …
The heads of Samsung Electronics, SK Group and Naver are working to meet Nvidia CEO Jensen Huang near Silicon Valley this week, industry sources said Wednesday, in a follow-up to Huang's four-day visi…
Korean stocks opened sharply higher Wednesday, with the KOSPI up 337.92 points (5.01%) to 7,085.87, driven by a continued rebound in chipmakers. Overnight U.S. chip stocks like Micron and Sandisk rose…
SK Group Chairman Chey Tae-won called current semiconductor prices 'abnormally high' and warned of 'chipflation' at the Korea Chamber of Commerce and Industry Summer Forum on July 15, urging supply in…
South Korea's KOSPI plunged 4.46% on Monday as AI spending concerns resurfaced after Chinese startup Moonshot unveiled its low-cost Kimi K3 model, and escalating US-Iran tensions weighed on sentiment.…
SK Group Chairman Chey Tae-won warned that the global shortage of AI memory chips is severe enough to trigger government intervention, with foreign governments already treating memory access as a matt…
The U.S. is seeking a share of Korean semiconductor companies' 'excess profits' from the AI chip boom, citing strong American demand for Korean chips, according to an industry source. Deputy USTR Rick…
SK Group Chairman Chey Tae-won told SK hynix investors to hold onto their shares, expressing confidence in long-term growth as AI drives memory chip demand. Speaking at a Korea Chamber of Commerce for…
Micron Technology has signed multiyear strategic customer agreements with seven automotive technology partners, including Hyundai Mobis, Harman and Qualcomm, to supply memory and storage for increasin…
The U.S. is seeking a share of Korean semiconductor companies' 'excess profits' from the AI chip boom, according to an industry source. Deputy USTR Rick Switzer told Korea's Trade Minister Yeo Han-koo…
South Korea's KOSPI index plunged 6.37% to close at 6,820.60 on Thursday, falling back below 7,000 amid concerns over slowing AI infrastructure investment and intensifying memory chip competition. Mor…
CoreWeave is exploring financial derivatives to hedge against a potential drop in memory chip prices, which have roughly doubled this year, according to a Reuters report citing a person familiar with …
Samsung Electronics overtook Micron Technology in automotive memory market share for the first time in 2025, rising to 40% from 35% in 2024, according to S&P Global Mobility, as AI-driven demand tight…