Seoul shares opened 3.3% higher Thursday as investors bought bargain-priced chip stocks, with Samsung Electronics up 3.06% and SK hynix climbing 6.79%. The gains followed a steep sell-off, though conc…
Seoul's KOSPI index plunged 5.4% on Wednesday as investors reassessed the prospects of AI-related investments, dragging down tech giants Samsung Electronics and SK hynix. The sell-off followed Wall St…
TetraMem and SK hynix announced a successful collaboration on a memristor-based AI System-on-Chip that reduces energy consumption in AI workloads, with their research published as the cover feature of…
Seoul stocks opened 2.7 percent lower on July 8, 2026, amid global technology losses and investor reassessment of the AI trade, with Samsung Electronics and SK hynix declining. The KOSPI later pared l…
Seoul shares opened 2.7% lower Wednesday, tracking overnight losses on Wall Street as investors reassessed AI trade prospects. The KOSPI fell 203.83 points to 7,452.48, led by declines in Samsung Elec…
South Korean chip startup FuriosaAI has activated its RNGD AI accelerators at Equinix's Lisbon datacentre, offering European enterprises a cooler, cheaper alternative to Nvidia chips. The 180-watt acc…
Samsung Electronics reported a record quarterly operating profit of 89.4 trillion won ($58.6 billion) for Q2, surpassing Nvidia's previous record, driven by surging demand for AI memory chips. The pro…
South Korea policy chief Kim Yong-beom defended a 10-year national AI strategy on July 6, tying semiconductor, AI data-center and physical-AI projects to long-term investment plans from Samsung Electr…
SK hynix shipped samples of its 12-stack HBM4E memory to major customers, achieving 16Gbps per pin and 48GB stacks with over 20% improved power efficiency. The new memory targets AI training and infer…
SK hynix announced a KRW 100 trillion ($65 billion) investment to expand NAND flash and advanced packaging capacity in Cheongju, South Korea, driven by surging AI demand for memory. The investment inc…
President Lee Jae Myung defended his government's three megaprojects—semiconductors, physical AI, and AI data centers—as a long-term national transformation plan, not a bid to boost approval ratings. …
South Korean memory chipmaker SK hynix announced a 1,100 trillion won ($713 billion) investment plan to expand domestic manufacturing capacity, including new fabs for NAND and HBM, and will list on th…
President Lee Jae Myung will preside over a meeting next week to review progress on a mega semiconductor cluster project in southwestern South Korea, involving Samsung and SK hynix investments worth 8…
Samsung and SK hynix announced a 1,350 trillion won ($870 billion) ten-year plan to expand semiconductor manufacturing capacity and data centers, including memory, storage, and logic production. The S…
SK hynix briefly overtook Samsung Electronics as the most valuable company on Korea's KOSPI index on June 22, ending Samsung's 26-year reign, driven by SK hynix's gains from the AI memory chip boom. T…
SK Group retained the top spot in operating profit over Samsung Group in 2025, reporting 50.19 trillion won ($32.2 billion), driven by SK hynix's strong performance amid an AI-driven semiconductor sup…
Seoul stocks erased early gains and fell 3.21% late Wednesday morning as investors sold off semiconductors and large-cap tech shares, driven by BlackRock's downgrade of emerging-market equities over A…
South Korea's industry ministry denied rumors that the government plans to establish a think tank to utilize chipmakers' profits from the AI boom, calling the claims false and threatening legal action…
Samsung Electronics, SK hynix, and Micron Technology face a proposed US class-action lawsuit alleging they coordinated to reduce supply of conventional DRAM while ramping HBM production, causing DRAM …
Samsung and SK hynix reaffirmed plans to invest about 800 trillion won ($518 billion) to build new semiconductor fabs and AI data centers in Korea's southwest, citing surging AI-driven memory demand. …