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Bloomberg52d agoneutral
Korea’s Surging Equity Volatility Draws Meme-Stock Comparisons

(Bloomberg) -- The volatility in South Korea’s benchmark equity index has become so extreme that investors and analysts are likening the market’s surging intra-day swings to the meme-stock frenzy.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallySpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumb

Bloomberg53d agoneutral
SK Hynix Seeks $29 Billion With New US Listing to Fund AI Boom

(Bloomberg) -- SK Hynix Inc. is looking to raise 45.45 trillion won ($29.4 billion) by selling depositary receipts on the Nasdaq exchange.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallySpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsThe company

Asian stocks are mixed after big tech sell-off
Associated Press53d agobearish
Asian stocks are mixed after big tech sell-off

Asian stocks were mixed on Wednesday following a sell-off in big technology stocks from Asia to Wall Street. U.S. stock futures were also trading mixed, as global investors monitor market movements in Japan and South Korea, which have seen big gains in recent months on the global AI boom but both fell sharply on Tuesday. Samsung Electronics was up 3.7% after Tuesday’s 12.3% plummet.

Bloomberg53d agoneutral
Leveraged ETFs Sold $6 Billion of Korean Chips in Tuesday Rout

(Bloomberg) -- Leveraged exchange-traded funds tracking Samsung Electronics Co. or SK Hynix Inc. were likely forced to sell a combined $6 billion of the Korean chipmakers’ shares Tuesday to maintain leverage ratios, underscoring how such products can amplify market moves, according to Bloomberg Intelligence. Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep

How SK Hynix's bet on a niche memory chip made it more valuable than Samsung
Reuters53d agoneutral
How SK Hynix's bet on a niche memory chip made it more valuable than Samsung

SK Hynix's overtaking of Samsung Electronics to become South Korea's most valuable firm was the culmination of 14 years of bets that brought it skepticism and scorn but ultimately put it at the centre of the global AI gold rush. In 2012, conglomerate SK Group acquired Hynix Semiconductor in a deal ‌that was considered financially irresponsible. Samsung, in contrast, was valued at more than 10 times SK Hynix and was the global leader in Dynamic Random-Access Memory (DRAM), a memory type that powers ‌laptops and smartphones.

Samsung Electronics plans 90 trln won share buyback, Yonhap reports
Reuters53d agobullish
Samsung Electronics plans 90 trln won share buyback, Yonhap reports

Samsung Electronics plans a share buyback programme worth 90 ‌trillion won ($58.61 billion) after agreeing to ‌give a bonus in stock to employees following ​recent wage talks, the Yonhap News Agency reported on Wednesday. The memory-chip maker will soon announce details on the plan, Yonhap ‌said, citing unidentified ⁠industry sources. Management and union last month reached a pay deal ⁠under which Samsung is expected to set aside about 10.5% of its operating profit ​for special ​bonuses for ​the chip division in ‌the form of stocks, sparking concerns over inequality at the company.

South Korea's government discussing major new chip investments with Samsung, SK Hynix
Reuters53d agoneutral
South Korea's government discussing major new chip investments with Samsung, SK Hynix

South Korea's government is in talks with ‌Samsung Electronics and SK ‌Hynix over plans for the next phase of ​large-scale investments in semiconductor production facilities, an official said on Wednesday, adding an announcement on a new ‌chip cluster ⁠would be made soon. "Exponential and explosive" growth in demand ⁠for chips driven by the AI industry could require the two ​companies to ​speed up ​ongoing construction of ‌new chip facilities by more than 10 years to 2034-2035, presidential policy adviser Kim Yong-beom told a discussion panel.

Bloomberg54d agobearish
Korean Stocks Tumble 10% as Extreme Volatility Rattles Investors

(Bloomberg) -- South Korean stocks tumbled from a record high as investors sold off chip heavyweights, delivering another outsized swing that has become a feature of the world’s best‑performing market this year. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Inve

Bloomberg54d agobullish
Soaring Profits in Emerging Markets Build Case for a Raging Bull Market

(Bloomberg) -- For the first time in four years, companies in emerging markets are beating profit estimates, giving investors a fresh reason to believe the bull market is just getting started.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Economy Undercut US Leve

Investing.com55d agoneutral
AI in focus, Iran talks advance - What’s moving markets

Investing.com - U.S. stock futures recover some early losses on Monday, after Iran signals progress in peace talks with Washington, helping ease fears of a renewed escalation in the Middle East. Investors were also keeping a close eye on the artificial intelligence sector after President Donald Trump softened his stance on Anthropic following a week of turmoil over export restrictions.

SK Hynix overtakes Samsung to become South Korea's most valuable company
Reuters55d agoneutral
SK Hynix overtakes Samsung to become South Korea's most valuable company

SK Hynix on Monday overtook Samsung Electronics to become South Korea's most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago nearly collapsed under debt. The company, now the dominant supplier of high-bandwidth memory (HBM) chips used in AI systems for customers such as ‌Nvidia and Alphabet's Google, has emerged as one of the biggest beneficiaries of the global AI boom, propelling a more than 340% rally in its shares this year and lifting ‌its market value above both Samsung Electronics and Micron. Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won ($1.35 trillion) as of 0347 GMT, compared with gains of ​0.4% in Samsung Electronics to 2,081.3 trillion won, excluding preferred shares.

SK Hynix overtakes Samsung to become Korea's most valuable company
Reuters55d agoneutral
SK Hynix overtakes Samsung to become Korea's most valuable company

SK Hynix on Monday overtook Samsung Electronics to become South Korea's most valuable listed company, marking a dramatic reversal of fortunes for ‌a chipmaker that two decades ago nearly collapsed under debt. The company, now the dominant supplier ‌of high-bandwidth memory (HBM) chips used in AI systems for customers such as Nvidia and Google has emerged as one of ​the biggest beneficiaries of the global AI boom, helping propel its shares up more than 340% this year and lifting its market value above both Samsung Electronics and Micron. Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won ($1.35 ‌trillion) as of 0347 GMT, compared ⁠with gains of 0.4% in Samsung Electronics to 2081.3 trillion won, excluding preferred shares.

SK Hynix dethrones Samsung Electronics as South Korea's most valuable company
Reuters55d agoneutral
SK Hynix dethrones Samsung Electronics as South Korea's most valuable company

The market value of South Korean chipmaker SK ‌Hynix briefly topped that of peer ‌Samsung Electronics on Monday to make it the ​country's most valuable firm. Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's ‌market capitalisation ⁠to 2,082.5 trillion won ($1.35 trillion) as of 0347 GMT, compared with ⁠gains of 0.4% in Samsung Electronics to 2081.3 trillion won, excluding preferred shares. Samsung ​Electronics had ​held the top ​spot since 2000.

Bloomberg58d agobullish
Intel Shares Soar After Trump Says It Struck Apple Chip Deal

(Bloomberg) -- Intel Corp.’s stock surged more than 9% in premarket trading Thursday after US President Donald Trump said the chipmaker will work alongside Apple Inc. to design and produce semiconductors domestically.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera Air

Nvidia supplier SK Hynix ships samples of next-generation chips to major customers
Reuters59d agoneutral
Nvidia supplier SK Hynix ships samples of next-generation chips to major customers

SK Hynix said on Thursday ‌it has shipped samples ‌of its latest high-bandwidth memory (HBM) ​chips to major customers, as the South Korean chipmaker seeks to strengthen its position ‌in the ⁠fast-growing AI semiconductor market. The next-generation 12-layer HBM4E ⁠chip reaches speeds of up to 16 gigabits per ​second per ​pin ​and offers over ‌20% better power efficiency than previous models, the company said. HBM chips are used in AI chipsets and are ‌crucial components for ​processors such as ​those ​made by Nvidia, ‌helping handle vast data ​needed ​to train AI models.

Bloomberg59d agoneutral
Apple Prepares Second-Generation iPhone Air for Spring 2027

(Bloomberg) -- Apple Inc. is preparing a second-generation iPhone Air for spring 2027, aiming to boost the appeal of the slimmed-down device, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealApple Plans Camera AirPods Alongside Upgraded Foldable iP