Semiconductor stocks in Asia and Europe were on the rise after Taiwan Semiconductor Manufacturing Co. guided for robust sales growth this year on strong artificial-intelligence demand. Shares of the world's largest contract chip maker closed 3.
A meeting between the heads of SK Hynix's parent company and Nvidia on Wednesday indicated the two will forge closer ties in AI hardware. Chey Tae Won,
Chosun Biz and ICSmart report that Samsung Electronics plans to reduce NAND wafer production at its Xi'an factory in China by over 10%. Amid a global NAND oversupply, this decision likely aims to stabilize prices and reduce losses...
Chosun Biz and ICSmart report that Samsung Electronics plans to reduce NAND wafer production at its Xi'an factory in China by over 10%. Amid a global NAND oversupply,... The enterprise solid-state ...
Japanese NAND flash maker Kioxia debuted on the Tokyo Stock Exchange's Prime Market ... Solidigm, a U.S. subsidiary fully-owned by Korea's SK Hynix, and a leading provider of innovative NAND ...
But the AI revolution has only just begun. Today’s most powerful AI models, often referred to as “frontier AI,” can handle and generate images, audio, video, and computer code, in addition to natural language.
Tokyo’s benchmark Nikkei 225 index lost 1.6% to 39,258.25 ... In South Korea, the Kospi jumped 1.8% to 2,485.31, driven by a 9% increase in computer chip maker SK Hynix Inc. and a 2.9% jump in shares in Samsung Electronics, the country's biggest company.
Punitive tariff threats on Canada, Mexico, and China risk a global trade war. Canada and Panama Canal annexation threat also emboldens rouge states.
Investment plans for each company's fiscal 2024 compiled by Nikkei show an aggregate 2% decline year over year to $123.3 billion. That represents a drop of about $9.5 billion from their estimates as of May, which had called for a 6% year-on-year increase.
SK Telecom noted that the partnership aims to uncover new business opportunities in the Asia-Pacific and Middle Eastern markets, including Japan.
Riding high on a surge in demand for AI chips, SK hynix is expected to log an operating profit of over 8 trillion won ($5.43 billion) for the fourth quarter of last year, according to analysts ...
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