Asian equities slipped in early July 2026 despite Samsung's forecast of an 18-fold profit surge driven by AI chip demand, while the Japanese yen slid to 40-year lows near 162 per dollar, reshaping the…
Samsung Electronics reported a 19-fold surge in quarterly profit to 89.4 trillion won, beating expectations, driven by AI demand for memory chips. However, shares fell as investors worry about competi…
Samsung Electronics projected a record Q2 operating profit of 89.4 trillion won ($58.4 billion), driven by surging demand for AI chips. The earnings estimate marks a 1,810.3% year-over-year increase a…
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…
Samsung Electronics reported record profits for April-June 2026, with operating profit of 89.4 trillion won and revenue of 171 trillion won, driven by surging demand for AI memory chips. The company's…
Samsung Electronics posted a second-quarter operating profit of 89.4 trillion won ($58 billion), up 1,810% year-over-year, driven by surging AI memory demand that lifted DRAM and NAND prices. The reco…
Samsung Electronics reported a record second-quarter operating profit of 89.4 trillion won ($61 billion), a 1,810% surge from a year ago, driven by booming demand for AI memory chips. Revenue rose 129…
Samsung Electronics Co. reported a 19-fold surge in quarterly profit, beating elevated expectations, driven by runaway demand for memory chips used in AI data centers. The world's largest memory maker…
US stock futures rose about 0.1% on Tuesday after the Dow hit a record high, driven by renewed faith in AI trade following June's chip stock sell-off. Investors await earnings from Samsung Electronics…
SK Hynix announced a US share sale aiming to raise up to $36 billion to fund new chip fabrication plants and ASML equipment. Samsung and SK Hynix are leading a South Korean government initiative to in…
Anthropic is in early talks with Samsung Electronics to manufacture a custom AI processor, according to Bloomberg Technology and The Information. The move signals Anthropic's intent to control hardwar…
SK Hynix plans to list American depositary receipts on the Nasdaq under ticker SKHY around July 10, aiming to raise up to $29.65 billion in the largest ADR offering in over two decades. The listing co…
Samsung Electronics is raising prices on commodity DRAM and LPDDR memory chips by over 20% in Q3 2026, marking the third consecutive quarter of significant hikes. The increases, driven by supply bottl…
South Korean President Lee Jae Myung announced that Hanwha, Hyundai Motor, Samsung, SK, Doosan, and LG will invest a combined 312 trillion won ($204 billion) to transform the country's southeast into …
Kioxia Holdings has begun shipping samples of its next-generation 332-layer 3D flash memory chips to AI data center operators, aiming to capture a larger share of the growing market. The new chips off…
Anthropic is in early-stage talks with Samsung Electronics to manufacture a custom AI accelerator chip, The Information reported on July 2, 2026. The move follows OpenAI's custom chip and reflects AI …
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…
South Korea's June 2026 exports surged 70.9% year-over-year to $102.25 billion, the fastest growth since October 1978, driven by a 199.5% jump in semiconductor exports to $44.8 billion as global AI ch…
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…
Samsung Electronics and SK Hynix pledged 3,200 trillion won ($2.07 trillion) in investments to expand South Korea's memory chip production capacity, betting on sustained AI demand. The plan aims to do…