ChangXin Memory Technologies (CXMT) reached a market value of 4.13 trillion yuan (about $570 billion) on…
Tag: semiconductors
Hyperscaler AI Spending Expected to Hit $1.2 Trillion
Hyperscaler capital expenditures on artificial intelligence infrastructure are projected to reach $1.2 trillion over the next…
KOSPI Surges Nearly 13% on Semiconductor Gains
South Korea's KOSPI index surged 12.84% to close at 6,311.81 on Thursday, driven by significant gains…
Asian Markets Drop as Fed Holds Rates, AI Stocks Decline
Asian markets fell sharply on Wednesday, with South Korea's Kospi index dropping over 11%, marking a…
SK Hynix Faces $470 Billion Selloff Amid AI Investment
Asian equities declined sharply on Tuesday as concerns over artificial intelligence (AI) spending led to a…
Intel Faces Continued Sell-Off Despite Q2 Revenue Gains
Intel Corporation's stock has dropped over 25% since a strong sell rating was issued earlier this…
CXMT shares soar 472% in record IPO, valued at $489 billion
Shares of ChangXin Memory Technologies (CXMT), China's leading DRAM maker, surged 472% on their debut on…
S&P 500 Declines 0.6% as Earnings Season Begins
The S&P 500 index fell 0.6% this week, marking two consecutive weeks of losses as investor…
AMD Unveils AI Systems as Stock Rises on Strong Demand
Advanced Micro Devices (AMD) announced significant advancements in its AI computing capabilities during the Advancing AI…
Micron Faces 76% Downside Amid Declining AI Demand Trends
Micron Technology, Inc. is facing a potential 76% downside, according to a recent analysis from Seeking…