AI Chip Selloff Spreads to Asia as Investors Reassess Demand Outlook
A global selloff in AI chip stocks spread to Asia as investors questioned future memory demand and the sustainability of AI infrastructure spending.
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A global selloff in AI chip stocks spread to Asia as investors questioned future memory demand and the sustainability of AI infrastructure spending.
Tesla shares have returned to levels seen nearly five years ago as investors remain divided over Elon Musk’s shift toward AI and humanoid robots.
NVIDIA is reportedly discussing up to $250 billion in financing guarantees for OpenAI’s planned 10-gigawatt AI data center project in Ohio.
DeepSeek has reportedly paused its latest fundraising round after comments by founder Liang Wenfeng on the U.S.-China AI rivalry attracted widespread attention.
SK Group and NVIDIA announced a partnership worth more than $500 billion to expand AI infrastructure and next-generation memory technologies.
Alphabet topped Q2 expectations with strong cloud and advertising growth, but shares fell after the company raised its AI infrastructure spending forecast.
Tesla exceeded Q2 revenue expectations but missed earnings as AI investment and capital spending surged, sending shares lower in after-hours trading.
Revolut’s valuation has reportedly reached $115 billion as the fintech company launches a secondary share sale for employees.
SK Hynix shares fell 16% in Seoul, marking a record one-day decline just days after the company’s historic Nasdaq IPO.
SK Hynix raised $26.5 billion in the largest U.S. IPO ever by a foreign company as surging AI memory demand fueled overwhelming investor interest.