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…
Samsung Electronics Co. won a contract worth more than $200 billion to make chips for Broadcom Inc., focusing on Samsung's 2-nanometer and below process technologies through 2030. The deal expands the…
Taiwan Semiconductor Manufacturing Co. (TSMC) has doubled down on the AI megatrend, signaling strong demand for its advanced chips used in artificial intelligence applications. The company's aggressiv…
Asia's AI chip rally is unraveling as Japan's Kioxia has lost half its value since its June peak, wiping about 30 trillion yen ($185 billion) off its market value, while Samsung Electronics and SK Hyn…
A selloff in Asian chip stocks deepened as Taiwan Semiconductor Manufacturing Co.'s strong results failed to meet lofty investor expectations, with TSMC shares falling as much as 4.5% in Taipei despit…
Kioxia Holdings' market capitalization halved in a month since becoming Japan's most valuable company, with shares tumbling 52% from last month's peak and losing at least ¥30 trillion ($185 billion) i…
ASML Holding NV plans to raise prices for its chipmaking equipment, potentially clashing with top customer Taiwan Semiconductor Manufacturing Co., according to a report by the Information. TSMC is alr…
Taiwan Semiconductor Manufacturing Co. (TSMC) said Thursday it plans to spend another $100 billion on expanding its manufacturing capacity in the United States, bringing its total U.S. investment pled…
ASML stock jumped more than 3% in premarket trading Wednesday after the Dutch chip-equipment maker reported better-than-expected second-quarter results and raised its full-year sales outlook, citing s…
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 …
ASML Holding NV raised its full-year sales forecast for the second time in 2026, projecting net sales of €43 billion to €45 billion, up from a prior estimate of €36 billion to €40 billion, driven by s…
Intel Corp. is investing €5 billion ($5.7 billion) to expand its Leixlip campus in Ireland, aiming to boost production of data center processors and advance its foundry business as it competes in the …
Meta plans to begin production of its new AI chip, Iris, in September, aiming to reduce reliance on Nvidia GPUs. The company targets 14 gigawatts of AI computing capacity by 2027 and has raised capita…
A new report warns that a shortage of high-skilled workers could delay construction of billions of dollars in semiconductor plants across the US and constrain future chip production, with the deficit …
Etched Inc. launched with $800 million in funding and a $5 billion valuation, backed by VentureTech Alliance, to compete in the AI inference chip market against NVIDIA and Intel. The company aims to c…
China, India, and Hong Kong are the only major stock markets where top companies' share of market capitalization has declined over the past year, reflecting their lag in the global AI race. In China a…
The information technology sector now accounts for 38.33% of the MSCI USA Index and 44% of the MSCI Emerging Markets Index as of mid-2026, driven by surging demand for AI infrastructure. This historic…
Intel Corp.'s stock surged up to 12% after President Donald Trump announced that Apple Inc. has agreed to work with Intel to design and produce chips domestically. The tie-up, mentioned in a Truth Soc…
Goldman Sachs raised its price target for Taiwan Semiconductor Manufacturing Co. (TSMC) by 35% to NT$2,330, citing surging AI chip demand. The bank expects TSMC to achieve 30% revenue growth in 2026 a…
Samsung Electronics is in talks to manufacture a memory input-output die for Google's next-generation AI chip, the 10th-generation tensor processing unit code-named "Icefish," using its 2-nanometer pr…