Korea's ambitious AI vision
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 reliable supply chain pa…
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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 reliable supply chain pa…
China has commenced mass production of deep ultraviolet (DUV) chipmaking tools, intensifying a sell-off in AI and semiconductor stocks as market participants reassess the global competitive landscape. The development pre…
Apple has overtaken Nvidia to reclaim the title of the world's most valuable company, closing Monday with a market capitalization of about $4.95 trillion versus Nvidia's $4.77 trillion, as investors shift away from heavy…
Nvidia is in talks to guarantee up to $250 billion to help OpenAI lease a massive data center in southern Ohio, deepening a circular-financing pattern that drew scrutiny after the chipmaker announced more than $750 billi…
A potential slowdown in the AI investment boom is emerging as capital spending shifts, with UBS estimating global AI investments will reach $500 billion in 2026. CNBC reported that investors are rotating between chipmake…
Nvidia is financing up to $50 billion in leases at Hut 8's Beacon Point data center campus in Nueces County, Texas, a 1-gigawatt site designed around Nvidia's DSX reference architecture, according to the Financial Times.…
Taiwan's Keelung District Prosecutors Office on June 29 widened a probe into alleged illegal export of AI servers containing Nvidia chips to China, searching sites tied to Super Micro Computer, Albatron Technology and Ch…
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 trades. China's CXMT Cor…
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 over AI infrastructure …
China's open-weight AI models, led by Moonshot AI's Kimi K3 and Alibaba's Qwen3.8-Max-Preview, are being distributed for free, threatening OpenAI's paid-access model. Chinese open-weight models accounted for 41% of Huggi…
Nvidia Corp. is backing a $50bn lease on a Texas data centre that will use its chips, deploying its balance sheet to support the growth of the AI computing market, according to the Financial Times. CEO Jensen Huang is le…
Intel reported its highest growth in server CPUs in fifteen years during the second quarter of 2026, driven by demand for AI host CPUs and agentic AI sandboxes that execute work on CPU clusters. CEO Lip-Bu Tan confirmed …
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 Federal Reserve, and deep…
At AMD's Advancing AI event, CEO Lisa Su claimed outright leadership across CPUs, GPUs, rack-scale performance, memory capacity, network bandwidth and tokens per dollar, raising the stakes beyond the company's previous g…
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 biggest daily drop s…
South Korean President Lee Jae Myung announced a $500 billion partnership with Nvidia to build AI data centers in South Korea during a two-day AI summit in San Francisco. The agreement, formalized through letters of inte…
Safe Superintelligence Inc. (SSI), the AI startup founded by former OpenAI chief scientist Ilya Sutskever, has struck a deal with Nvidia Corp. that gives it access to Nvidia's Vera Rubin graphics processing units, increa…
Nvidia has poured over $40 billion into AI infrastructure commitments in 2026, including a $2 billion additional stake in GPU buyer CoreWeave, fueling debate over whether demand is organic or artificially inflated. CEO J…
Nvidia and Safe Superintelligence Inc. (SSI) announced a long-term partnership on July 27 that will give Ilya Sutskever's lab access to Vera Rubin systems and increase its compute capacity tenfold. Nvidia disclosed an in…
SK Hynix Inc. shares plunged 38% from their all-time high in June, erasing $470 billion in market value, as investors worry that rising memory costs will force AI customers to seek cheaper alternatives. The South Korean …