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…
South Korea's semiconductor exports hit a record $37.16 billion in May 2026, up 169.4% year-over-year, driven by global AI chip demand, prompting the government to raise its 2026 GDP growth forecast t…
Technology stocks led global markets lower Thursday, with the Nasdaq futures down 0.8% as chip and memory companies like Western Digital and SanDisk fell over 7%, amid investor concerns that AI-driven…
Leveraged exchange-traded funds have become a dominant force in South Korea's stock market, amplifying volatility in semiconductor giants Samsung Electronics and SK Hynix as retail and institutional m…
Southeast Asia risks missing the AI boom because the region 'has not really moved up the value chain' and contributes only 6% of global intermediate manufacturing versus 15% for China, Standard Charte…
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…
Oil prices fell early Thursday, with Brent crude dropping 0.4% to $84.55 a barrel and US crude down 0.2% to $79.34, despite intensified US strikes against Iran and ongoing tensions in the Persian Gulf…
Asian shares mostly declined Thursday, with South Korea's Kospi plunging 6.6% after the Bank of Korea raised interest rates for the first time since 2023 to curb inflation from the Iran war, while sel…
TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, pledged on Thursday to invest a further US$100 billion in Arizona and raised its capital spending forecast by up to…
TSMC is expected to report a record net profit of NT$632.6 billion (US$19.65 billion) for the second quarter, a 59% surge driven by booming global demand for AI infrastructure, according to an LSEG Sm…
Samsung Electronics will unveil its next-generation foldable phones and wearable devices at Galaxy Unpacked in London on July 22, with a new wider book-style foldable, a separate Ultra model, and expa…
Global investors shut out of ChangXin Memory Technologies Inc.'s planned $9.8 billion IPO, China's biggest in nearly four years, are turning to proxy trades such as shares of financial intermediaries …
Micron Technology lost $110 billion in market value after its shares dropped 10%, extending a sector-wide selloff that also hit SK Hynix, Samsung Electronics, SanDisk, Western Digital, and Seagate. Th…
Samsung Electronics is reportedly in consideration to handle back-end design work for Google's next-generation 2nm Tensor Processing Unit, a potential deal that would reshape the semiconductor supply …
South Korea's top business leaders gathered Wednesday at the 49th Jeju Forum on Jeju Island to explore AI-driven growth, with Korea Chamber of Commerce and Industry Chairman Chey Tae-won, who also hea…
ASML Holding NV reported second-quarter revenue of 9.33 billion euros and net income of 2.92 billion euros, beating analyst estimates of 8.80 billion euros and 2.62 billion euros respectively, driven …
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…
Samsung Electronics is building a new DRAM factory at its Giheung campus in South Korea, the site where it developed the world's first 64Mb DRAM chip in 1992. The investment comes as the AI-driven mem…
Foreign investors sold a record $110 billion in South Korean stocks in the first half of 2026, with June alone accounting for $31 billion in outflows, the largest monthly total on record, as instituti…