South Korean stocks tumbled nearly 6% on Friday as investors locked in profits after recent AI-led rallies, with the KOSPI losing 519.09 points to close at 8,411.21. The rout was driven by concerns th…
Asian technology stocks slumped after Apple raised prices for its products, stoking concern that rising component prices will curb demand for devices and slow the memory chip rally. South Korean memor…
Asian markets plunged Friday as investors sold to lock in gains from recent AI-driven rallies, with Tokyo's Nikkei 225 shedding 5% and Seoul's Kospi plunging 8.4%. Major semiconductor names including …
Asian stock markets fell sharply on Monday, with South Korea's Kospi index plunging about 8% and triggering a temporary trading halt, led by heavy losses in Samsung Electronics and SK Hynix. Japan's N…
South Korea's KOSPI index plunged over 8% on June 23, triggering a circuit breaker, as foreign investors sold $2.6 billion in shares amid a tech rout led by Samsung Electronics and SK Hynix. The sello…
Samsung Group is reportedly planning a long-term investment of up to 1,000 trillion won ($646 billion) in semiconductors, AI, batteries, and displays, aiming to expand South Korea's industrial base be…
Samsung Electronics and SK Hynix plan a $646 billion investment package to build a second major semiconductor cluster in South Korea, accelerating their timeline to 2034-2035 to meet explosive AI-driv…
South Korean stocks opened lower Friday, with the KOSPI falling 1.71% amid tech losses on Wall Street and profit taking after a sharp rise the previous session. Investors are concerned about valuation…
South Korea's KOSPI index has more than doubled in 2026, driven by domestic retail investors pouring money into semiconductor stocks Samsung Electronics and SK Hynix amid surging AI chip demand. The r…
Morgan Stanley, Jefferies, and SpaceX are warning that public backlash against AI—driven by job displacement fears and rising energy costs—poses a material risk to the AI stock rally. A June 23, 2026 …
South Korean chip stocks rallied on Thursday after Micron Technology reported record quarterly revenue and an upbeat outlook, signaling sustained AI memory demand. Samsung Electronics rose 5.3% and SK…
South Korean President Lee Jae Myung met with Samsung Electronics Chairman Lee Jae-yong on Thursday to discuss plans for a regional semiconductor chip cluster and related investments, signaling govern…
Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, far exceeding Wall Street's $35.8 billion estimate, and earnings per share of $25.11, sending its stock up 15% in after-hours tradi…
South Korea's KOSPI surged over 5% on Thursday, briefly topping 9,000 points, driven by a tech rally after US chipmaker Micron Technology reported better-than-expected earnings. The index closed at 8,…
Micron Technology acknowledged the growing capabilities and market share of China's ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) during an earnings call, validating …
Mirae Asset Global Investments is celebrating the 20th anniversary of its ETF business, which has grown into a major growth driver. The firm now manages 428 trillion won in ETF assets globally, rankin…
SK Hynix shares surged 12% on June 25, 2026, after the company filed plans to raise up to $29.4 billion through American depositary receipts on Nasdaq, nearly tripling its original target. The offerin…
The number of stock trading accounts in Korea hit a record high of 108.7 million, driven by a bull run led by chipmakers Samsung Electronics and SK hynix amid AI optimism. The Korea Composite Stock Pr…
South Korea's government is in talks with Samsung Electronics and SK Hynix about building a second chip cluster, driven by explosive AI demand that could require new fab construction by 2034-2035. Pre…
South Korea's presidential policy chief Kim Yong-beom announced plans for a new semiconductor cluster in the Jeolla region, citing abundant electricity and water, and called for public discussion on s…