AI Chips

Chinese AI and chip companies are flooding domestic markets with IPOs as US restrictions block access to New York listings. Moore Threads Technology surged 425% on its Shanghai debut, MetaX Integrated Circuits rose 693%,…

US technology stocks fell sharply, with the Nasdaq dropping 2.2% and the S&P 500 declining 1.4%, as investors questioned whether massive spending on artificial intelligence will ever yield returns. The sell-off hit AI-re…

Chinese AI and chip companies Moore Threads, MetaX, and Biren Technology have raised billions in IPOs on the Shanghai STAR Market and Hong Kong Exchange, with first-day gains exceeding 400% and oversubscription rates abo…

South Korea's KOSPI index has surged nearly 200% year-on-year, driven by AI chip demand that propelled Samsung Electronics and SK Hynix to record highs. The two companies now account for 40% of the index, raising concent…

Hong Kong Exchanges and Clearing (HKEX) raised HK$280 billion in IPO proceeds in 2025, overtaking the New York Stock Exchange to rank first globally, driven by a surge in tech listings under its revamped Chapter 18C rule…

Italy is set to join the US-led Pax Silica AI initiative, a non-binding coalition aimed at securing semiconductor and AI supply chains and reducing dependence on China, despite diplomatic tensions with the Trump administ…

Uber burned through its entire year's AI budget in just four months, while Microsoft, Salesforce, and GitHub are cutting AI spending, highlighting unsustainable costs of frontier models like GPT 5.5 at $30 per million ou…

South Korea's KOSPI crashed nearly 10% on June 23, triggering a circuit breaker, after Broadcom's Q3 AI chip guidance of $16 billion missed Wall Street's $17.2 billion estimate. The miss exposed the fragility of the AI t…

HSBC raised its price target on Micron Technology to $1,700 from $1,100, marking the fifth increase this year, driven by surging AI memory demand. Micron's fiscal third-quarter revenue hit $41.46 billion, beating estimat…

Apple warned that memory chip shortages are forcing it to hike product prices, triggering a sharp sell-off in Asian tech stocks. South Korea's Kospi fell 6.9%, Japan's Nikkei 225 dropped 4.3%, and Taiwan's TAIEX declined…

Jefferies reported that lower-cost AI models, such as Z.ai's GLM-5.2, are increasing demand for computing infrastructure rather than reducing AI investment, citing Jevons Paradox and rising inference on local servers. Th…

Samsung is preparing a $648 billion investment plan, according to a report, as the artificial intelligence boom reshapes South Korea's economy and technology landscape.

Apple and Microsoft raised prices on MacBooks, iPads, and Xbox consoles in late June 2026 due to memory chip costs quadrupling since 2025, driven by AI data center demand. Apple increased prices by up to $300, while Micr…

Micron has signed 16 strategic customer agreements with five-year terms, locking in high RAM prices as AI-driven demand outstrips supply. The company expects tight memory market conditions to persist beyond 2027, with no…

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 that expensive memory …

Micron Technology reported a 346% surge in quarterly revenue and a profit of $28.2 billion, far exceeding analyst expectations and sending its stock up 15%. The results helped stabilize markets after a selloff in AI stoc…

Emerging-market stocks fell over 2% on June 23, the steepest drop since May 15, led by a tech selloff that sent South Korean chip giants Samsung and SK Hynix plunging more than 12%. The decline was triggered by Broadcom'…

Samsung Group plans to invest $646 billion over the next decade in semiconductors and AI data centers, marking one of the largest corporate investment commitments in South Korea's history. The investment includes 300 tri…

Qualcomm and Micron stocks swung wildly as the semiconductor sector experienced a $400 billion after-hours rally following a bruising sell-off, driven by Micron's 346% revenue surge and Qualcomm's $15 billion data-center…

Apple raised prices on Mac, iPad, and home devices on June 25, citing unsustainable memory chip costs driven by AI demand, triggering a selloff in Asian technology stocks. Apple shares dropped up to 6.1%, erasing $250 bi…