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SK Hynix Falls Sharply Despite Record Profit as AI Chip Hype Drives Market Reaction
Business News

SK Hynix Falls Sharply Despite Record Profit as AI Chip Hype Drives Market Reaction

Despite a six-fold increase in quarterly profit, the hyped South Korean memory manufacturer SK Hynix is falling sharply on the stock market.
AI frenzy hits Asian markets as Seoul trading halts amid chip stock slump
Business News

AI frenzy hits Asian markets as Seoul trading halts amid chip stock slump

AI craze sweeps leading Asian markets. Trading on the Seoul Stock Exchange has been forced to halt amid concerns about new Chinese competition
Samsung explores Wall Street listing after SK Hynix’s New York debut, Bloomberg says
Business News

Samsung explores Wall Street listing after SK Hynix’s New York debut, Bloomberg says

South Korean technology giant Samsung Electronics has begun exploring the possibility of listing a depositary receipt on Wall Street, Bloomberg reports, citing sources.
Wall Street falls as oil prices surge and chip stocks slide
Business News

Wall Street falls as oil prices surge and chip stocks slide

The New York Stock Exchange began the trading week with falling prices. The indices were weighed down by rising oil prices and declining chip stocks
SK Hynix makes strong U.S. debut as Wall Street ends higher
Business News

SK Hynix makes strong U.S. debut as Wall Street ends higher

Wall Street ended the trading week with rising prices. South Korean chip giant SK Hynix had a strong trading day when its shares were listed on a secondary exchange in the US
SK Hynix surges after Nasdaq debut, in largest U.S. listing by a foreign company
Business News

SK Hynix surges after Nasdaq debut, in largest U.S. listing by a foreign company

South Korean chip giant SK Hynix has been booming since its stock was listed on the Nasdaq stock exchange.
Asian stocks rise as tech giants rally, SoftBank jumps 11.6%
Business News

Asian stocks rise as tech giants rally, SoftBank jumps 11.6%

Stock markets in Asia are heading for a strong end to the week with broad gains. Among other things, several technology stocks are rising
Bonuses at South Korean chip giants Samsung and SK Hynix create inflation fears
Business News

Bonuses at South Korean chip giants Samsung and SK Hynix create inflation fears

South Korean chip giants Samsung and SK Hynix are set to pay large bonuses to employees, with South Korea's central bank warning that the payments could fuel inflation, CNBC reports.
$500 billion up in smoke after AI concerns
Business News

$500 billion up in smoke after AI concerns

The world's stock markets are seeing sharp declines in the wake of increased concerns about the valuations of AI companies.
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