Memory chip stocks rallied on Friday, July 31, after a week of declines, with Samsung Electronics Co. and SK Hynix Inc. jumping 26.81% and 29.95% respectively, and Micron Technology and Sandisk Corpor…
South Korea's Kospi surged 17.9% on July 31, 2026, its largest single-day gain in history, after Microsoft Corp. reported Q4 FY2026 revenue of $90.01 billion and earnings per share of $4.74, with Azur…
Billionaire Ken Griffin's rescue of hedge fund Situational Awareness triggered a relief rally in global AI stocks, with South Korea's Kospi Index surging a record 18% and the Philadelphia Semiconducto…
South Korea's Kospi index surged as much as 14% on Friday, its biggest gain on record, rebounding from a 17% three-day slump as renewed AI trade optimism boosted chipmakers. SK Hynix Inc. jumped up to…
Samsung Electronics Co.'s semiconductor arm reported a more than 250-fold jump in operating profit to 89.2 trillion won ($62 billion) in the June quarter, driven by AI-driven demand for memory chips. …
South Korea's Kospi Index slid as much as 9.8% on Wednesday, triggering a circuit breaker for a second straight day, as SK Hynix Inc.'s earnings disappointed and deepened investor doubts over the AI b…
SK Hynix Inc. reported a 557% rise in quarterly operating profit to 60.5 trillion won ($42 billion), missing analysts' average estimate of 64.2 trillion won and fueling fears that the AI-driven semico…
South Korea's benchmark Kospi index fell as much as 7.6% to its lowest since April 20, led by a 11% plunge in SK Hynix Inc. and a more than 9% drop in Samsung Electronics Co., as deepening AI fatigue …
SK Hynix Inc. shares plunged 38% from their all-time high in June, erasing $470 billion in market value, as investors worry that rising memory costs will force AI customers to seek cheaper alternative…
CXMT Corp. can rally 1,239% from its IPO price as it wins market share, Nomura Holdings Inc. says, with analyst Donnie Teng assigning a buy rating and 116 yuan target. The stock surged as much as 535%…
SK hynix is expected to post a record operating profit of 64.1 trillion won ($43.7 billion) in the second quarter, driven by its leadership in the high bandwidth memory (HBM) market amid an AI-led sem…
Samsung Electronics Co. won a contract worth more than $200 billion to make chips for Broadcom Inc., focusing on Samsung's 2-nanometer and below process technologies through 2030. The deal expands the…
South Korean conglomerates and global tech giants, including Nvidia Corp., agreed Friday to pursue cooperation projects worth US$950 billion, presidential chief of staff for policy Kim Yong-beom said.…
South Korean conglomerates and global tech firms, including Nvidia Corp., agreed Friday on cooperation projects worth $950 billion, presidential chief of staff for policy Kim Yong-beom said. SK Group …
Samsung Electronics Co. and SK Hynix Inc. are set to announce major chip supply deals with leading US technology companies during President Lee Jae Myung's visit to Silicon Valley, a senior presidenti…
CuspAI Ltd., a U.K.-based startup using AI to discover new materials, has raised $450 million in a Series B funding round that values the company at $2.6 billion. The round was led by Kleiner Perkins …
Fireworks AI Inc., an AI infrastructure startup, has raised $1.5 billion in a Series D round led by Atreides Management, Index Ventures and TCV, reaching a $17.5 billion valuation. The company, which …
ASML Holding NV plans to raise prices for its chipmaking equipment, potentially clashing with top customer Taiwan Semiconductor Manufacturing Co., according to a report by the Information. TSMC is alr…
ASML Holding NV raised its full-year sales forecast for the second time in 2026, projecting net sales of €43 billion to €45 billion, up from a prior estimate of €36 billion to €40 billion, driven by s…
A new report warns that a shortage of high-skilled workers could delay construction of billions of dollars in semiconductor plants across the US and constrain future chip production, with the deficit …