Moonshot AI's release of the 2.8 trillion parameter open-source Kimi K3 model on July 17 triggered a 10% weekly decline in the PHLX Semiconductor Index (SOXX), its steepest since April 2025, pushing t…
A sell-off in AI stocks intensified on Tuesday, driving South Korea's Kospi index to its lowest level since mid-April, as investors dumped chip stocks amid concerns over AI companies' borrowing for da…
SK Hynix shares plunged 14.65% to 1.55 million won in Seoul on Tuesday, their second-largest decline of 2026, as a global semiconductor sell-off hit South Korea's memory-chip producers amid fears over…
A magnitude 7.1 earthquake struck Kumamoto Prefecture on July 28, knocking out power to 40,000 homes and halting rail services, as Asian chip stocks entered correction territory amid investor concerns…
US tech stocks fell before the bell Tuesday as a sell-off in Korean memory makers deepened, with Nasdaq-100 futures sliding 0.9% and S&P 500 futures dropping 0.2%, while Dow futures edged up 0.1%. Sou…
South Korea's Kospi index plunged more than 10% and Japan's Nikkei slid over 4% on Monday as a deepening sell-off in artificial intelligence-linked stocks, triggered by a Financial Times report showin…
South Korea's KOSPI index crashed 10.84% to close at 6,023.66 on Tuesday, its lowest since April 14, driven by a heavy tech selloff amid growing skepticism over large-scale AI infrastructure investmen…
President Lee Jae Myung of South Korea reiterated his 'San Francisco AI Declaration' during a video call from Brazil, positioning Korea as a trusted manufacturing base for AI semiconductors and a reli…
Asian chip stocks tumbled on Tuesday, with South Korea's Kospi falling as much as 11% and Samsung Electronics and SK Hynix losing up to 13% and 14%, respectively, as investors pulled back from AI trad…
South Korea's KOSPI index sank more than 10% on Tuesday as shares in memory-chip giants Samsung Electronics and SK Hynix plunged as much as 13.4% and 14%, respectively, driven by investor concerns ove…
Sydkoreas Kospi rasar nära 10 procent i en bred utförsäljning av AI- och halvledaraktier, enligt Bloomberg. Vey-Sern Ling, vd på Union Bancaire Privée, säger att girighet har förvandlats till rädsla f…
Samsung Electronics reported Q2 2026 operating profit of 89.4 trillion won ($59 billion), up 1,810% year-over-year, yet its shares fell nearly 7% as a Chinese lithography breakthrough, a hawkish Feder…
Korean stocks plummeted more than 8 percent late Tuesday morning as the Korea Composite Stock Price Index (KOSPI) fell 580.04 points, or 8.59 percent, to 6,175.71, triggering a marketwide circuit brea…
Asian equities fell on Tuesday, with MSCI's Asia-Pacific gauge dropping 1.9%, as renewed concerns over artificial intelligence spending triggered a sell-off in chipmakers. South Korea's Kospi Index tu…
South Korea's KOSPI index tumbled nearly 5% on Tuesday, led by a slump in chipmaker stocks amid growing worries over the artificial intelligence sector. The benchmark index fell 4.8% to 2,456.32, its …
South Korea and global technology firms plan semiconductor partnerships valued at $950 billion following the San Francisco AI Summit, the presidential office said Saturday. Samsung Electronics and Bro…
Samsung Electronics and Broadcom signed a memorandum of understanding for a chip production collaboration potentially worth $200 billion over five years, covering memory, foundry, and advanced packagi…
SK Group and NVIDIA signed letters of intent for a potential $500 billion AI infrastructure partnership, including a 2GW AI cloud project in Korea using NVIDIA's DSX design and SK hynix HBM4 memory, w…
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) surged more than 500% on its market debut Monday, reaching a market capitalization of 3.65 trillion yuan ($540 billion) and surpassing ICBC…
ChangXin Memory Technologies (CXMT) could more than double from Monday's close as the Chinese chipmaker expands its global DRAM market share to 18% by 2028, according to Nomura, which set a price targ…