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…
South Korea's KOSPI index plunged 9.99% on June 23, triggering circuit breakers, as SK Hynix and Samsung Electronics dropped over 12% amid doubts about the AI-driven rally. The KOSPI had surged more t…
South Korea's government is negotiating large-scale semiconductor investments with Samsung Electronics and SK Hynix, with an announcement expected soon. Presidential policy adviser Kim Yong-beom cited…
South Korea is nearing an announcement on a new semiconductor production cluster outside the greater Seoul area as the government, Samsung Electronics and SK hynix move to expand capacity for the AI e…
Asian stocks were mixed on Wednesday after a sell-off in big technology stocks from Asia to Wall Street, with South Korea's Kospi recovering slightly from a 10% decline and Tokyo's Nikkei 225 falling …
Samsung Electronics partnered with German clinical research organization Alcedis to develop methods for using wearable health data in pharmaceutical clinical trials. The collaboration aims to convert …
Tech stocks in Asia fell sharply on Tuesday, with South Korea's Kospi index dropping over 10% and trading temporarily halted, as investors took profits in chip giants SK Hynix and Samsung Electronics.…