CXMT Memory Advance Hits Samsung and SK Hynix as KOSPI Slides Nearly 5%
KOSPI tumbled nearly 5% to 6,100 as CXMT's memory-chip advance weighed on Samsung and SK Hynix. The index is 10.1% lower over five days.
13/10/2026 01:438 min read
Semiconductors
Broadcom chief calls AI investment a casino-like gamble while eyeing $230bn chip sales
Broadcom's Hock Tan likened AI investing to gambling and doubted OpenAI's profitability, despite projecting $230 billion in AI chip revenue by 2028.
12/10/2026 23:4216 min read
Goldman identifies power and compute as key AI bottlenecks
Goldman Sachs says AI infrastructure demand runs ahead of capacity, with power becoming the key bottleneck over chips. Data and security platforms are top…
12/10/2026 21:4216 min read
Musk says $15B Terrafab can outdo chipmakers, given time
Musk says his companies can eventually make superior chips, with Terrafab costing over $15B; construction could start in December 2026.
11/10/2026 22:0620 min read
Technology stocks drag Nasdaq lower; Dow, small caps edge up
U.S. tech indexes fell sharply on OpenAI revenue concerns; Dow and small caps eked out gains.
08/10/2026 20:2112 min read
US trade deficit widens to $105.6 billion as imports hit record high
August US trade deficit widened to $105.6 billion as imports climbed to a record $420.8 billion, undercutting the intended effect of tariffs.
07/10/2026 06:438 min read
S&P 500 Gains 18.3% as Ex-AI Index Rises 6.7%
The S&P 500 rose 18.3% in six months, while Goldman Sachs' ex-AI index gained 6.7%, highlighting the role of AI stocks in the rally.
07/10/2026 03:288 min read
Three layers of AI chips explain Nvidia, Broadcom, Intel reactions
The AI chip industry has three layers with distinct economics, explaining why stocks react differently to same news.
05/10/2026 23:5118 min read
Intel shares slide after Musk confirms TSMC in Terafab talks
Elon Musk confirmed TSMC is in talks about Terafab, pressuring Intel's stock which relies on its foundry ambitions.
05/10/2026 22:3121 min read
Intel shares fail to hold rebound, creating doubts for traders and owners
A failed rebound on October 2 left Intel (INTC) at $119.33, prompting fresh caution around the stock's recovery support levels.
03/10/2026 06:3235 min read
Micron tops Q4 forecasts, guides Q1 revenue far above consensus
Micron beat Q4 expectations on revenue, earnings and margin, and guided Q1 revenue well above consensus.
30/09/2026 20:2313 min read
Wall Street ends mixed; chip stocks surge, Nasdaq 100 up
Wall Street finished mixed as semiconductor shares surged, lifting the Nasdaq 100 but not the broader Nasdaq Composite.
29/09/2026 20:3210 min read
Global yields and oil costs batter Tokyo equities; chip strength stabilises KOSPI
The Nikkei fell on rising bond yields and oil prices. Seoul's chipmakers kept the KOSPI flat. Micron's earnings are the next test.
29/09/2026 02:4514 min read
China's Industrial Profit Growth Eases to 4.2% as AI Fuels Rivals
China's industrial profits rose 4.2% in August, while AI-driven growth boosted rival economies much faster.
28/09/2026 03:447 min read
Tokyo stocks rise 1.2% on chip rally, dividend deadline; SoftBank dips on Oracle power delay
Nikkei and Topix up 1.2% as chip stocks rally and dividend buying pushes Tokyo higher; SoftBank falls on Oracle data center power delay.
25/09/2026 03:3214 min read