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 : SK Hynix
South Korea’s Chip Exports Jump 259% as AI Spending Powers a Near-Record Trade Haul
South Korea’s export machine ran at near-record speed in October, and semiconductors were the engine. The trade data, released on Sunday, offers some of the...
Alphabet Slide Dents Tech Rally as Korean Chip Shares Retreat After Record Run
Technology shares lost momentum in Asia on Thursday after a disappointing earnings report from Alphabet and a pullback in South Korea’s chipmakers cooled a rally...
SK Hynix Posts Record Profit as AI Memory Shortage Deepens
SK Hynix, one of the world’s two largest memory chipmakers, has reported the most profitable quarter in its history. Demand from data-centre operators for the...
Nasdaq Posts Worst Week Since June as Chip Rout and AI Debt Fears Rattle Wall Street
Wall Street ended a turbulent week on Friday with technology shares taking the heaviest losses. Unease over the borrowing behind the artificial intelligence build-out collided...
Chinese Memory Chipmaker CXMT Rattles Global Markets With Server Chip Ambitions
Shares in the world’s leading memory chipmakers fell for a second straight session on Tuesday, after a little-known Chinese rival said it is moving into...
Micron Reports After the Bell With Wall Street Braced for a Record $51 Billion Quarter
Few companies on Wall Street go into an earnings report with expectations as steep as Micron’s. When the memory chipmaker reports its fiscal fourth-quarter results...