KOSPI Jumps Above 5% as Chipmakers Rebound, Triggering a Buy Sidecar in Seoul
South Korea’s stock market lurched sharply higher on Tuesday. The benchmark KOSPI jumped more than 5% at the open as chipmakers rebounded from a punishing...
Tag : semiconductor stocks
Nvidia Board Opens Independent Investigation Into CEO Jensen Huang as Shares Slide
Nvidia’s board has opened an independent investigation into reports that chief executive Jensen Huang was the target of a foreign intelligence effort. The development sent...
Wall Street’s AI Rout Hits Asia as Nikkei and Kospi Plunge After Worst US Day Since 2025
Asian stock markets tumbled on Friday as a rout in artificial intelligence shares that began on Wall Street spread across the region. The slide wiped...
AMD Forecasts 80% Revenue Growth in 2027 as Data Center Sales Nearly Double
AMD delivered the kind of results that the chip sector badly needed. The company beat third-quarter estimates, guided fourth-quarter sales well above forecasts and told...
Kospi Slumps Nearly 3% as Chip Rout Deepens, While Hong Kong and India Hold Firm
Asian equities opened Tuesday under pressure as the selloff in US chipmakers reached South Korea and Taiwan, the region’s biggest semiconductor hubs. A sharp drop...
Global Stocks Climb as Chip Rally Extends Ahead of Fed Decision and Big Tech Earnings
Global equities pushed higher into midweek as a rally in chip stocks spread across continents. That sets a cautiously upbeat tone ahead of two events...
Cadence Lifts 2026 Forecast for a Third Time as Chip-Design Demand Pushes Backlog to a Record $8.2 Billion
The companies that supply the tools behind the world’s most advanced chips are enjoying a boom, and Cadence Design Systems has now put numbers on...
Nasdaq Suffers Worst Day Since June as Doubts Over AI Spending Hit Chipmakers
Wall Street’s technology-heavy Nasdaq Composite had its worst session since June on Thursday. A string of company results revived an uncomfortable question: how much will...
Wall Street Set for Weaker Open as Oil Jumps and Tesla, Meta Shares Retreat
Wednesday’s optimism did not last the night. US stock futures turned sharply lower on Thursday as a jump in oil prices and a pullback in...
Wall Street Rotates Into Blue Chips as Dow Hits One-Month High and Chip Stocks Slide Again
US stocks finished Thursday higher, but the gains came from an unusual direction. Investors turned away from the technology names that have led the market...