ChangXin Memory Technologies (CXMT), China's top DRAM maker, set a subscription date for its Shanghai IPO expected to raise at least 29.5 billion yuan (US$4.3 billion), making it the second-largest on…
Korea must look beyond current record profits from Samsung and SK hynix in the AI boom to build new economic strengths, as the early internet era shows such booms are not indefinite. Politicians risk …
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…
The IMF raised South Korea's 2026 GDP growth forecast by 0.7 percentage points to 2.6%, the largest upgrade among major economies, driven by semiconductor exports and AI hardware demand. Samsung Elect…
Samsung Electronics CEO TM Roh published an editorial on July 8, 2026, outlining the company's vision for 'agentic' AI that operates across devices including phones, watches, tablets, TVs, foldables, …
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…
Samsung Electronics has begun mass production of the PM1763, its first PCIe 6.0 enterprise SSD designed for AI and HPC servers. The drive delivers sequential read speeds up to 28,400 MB/s and write sp…
Samsung Electronics began mass production of the PM1763, a PCIe 6.0-based enterprise SSD optimized for AI and HPC server environments. The drive offers high-speed data transfer and an optimized contro…
SK Hynix shares plunged 5.7% on Wednesday as a broad AI chip selloff overshadowed the company's upcoming Nasdaq debut, with South Korea's Kospi index falling 5.4% amid losses in Samsung Electronics an…
South Korea's KOSPI index plunged as much as 8.2% on July 7, nearing bear market territory, as investors reassess AI demand. SK Hynix and Samsung Electronics led the selloff, accounting for half the i…
Oil prices surged over 2% after the U.S. launched strikes on Iran, while Asian shares were mixed. Brent crude rose to $76.09 a barrel and U.S. benchmark crude to $72.25. Markets remain volatile amid A…
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…
Samsung Electronics has begun mass production of the PM1763, a PCIe 6.0 enterprise SSD using 9th-generation V-NAND and a 4nm controller, offering capacities up to 16TB with sequential read speeds of 2…
Advanced Micro Devices stock fell 6.5% to 10% on July 6, 2026, after Samsung Electronics' disappointing earnings triggered a broad semiconductor selloff. The decline affected peers Intel and Marvell, …
Samsung Electronics reported a nearly 19-fold surge in Q2 2026 operating profit to 89.4 trillion won, yet its stock fell 6.9% as investor expectations had already priced in AI-driven growth. The decli…
Samsung Electronics reported earnings that fell short of high AI-driven expectations, triggering a sell-off in chip stocks after the company's shares had surged 145%.…
Memory chipmakers SK Hynix, Micron Technology, and Samsung Electronics are riding a surge in AI-driven demand for high-bandwidth memory, but investors remain skeptical that the industry has broken fre…
Samsung Electronics reported a 19-fold year-over-year jump in preliminary April-June operating profit to about $58 billion, but AI-linked chip stocks sold off on July 7, 2026, with Samsung shares fall…
Wall Street suffered major losses on Tuesday as AI stocks tumbled and oil prices jumped, with the S&P 500 falling 0.6% and the Nasdaq dropping 1.2%. The downturn was sparked by a 6.9% plunge in Samsun…