CXMT Overtakes Tencent to Become China’s Most Valuable Public Company
Chinese memory chipmaker CXMT has surpassed Tencent in market value following its blockbuster IPO, highlighting how the AI boom is reshaping China’s equity market.
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Samsung reported the most profitable quarter in its history as booming demand for AI memory chips drove operating profit up 1,800% year over year, while revenue more than doubled.
SK Hynix Shares Plunge Nearly 15% as Global Chip Sell-Off Accelerates
SK Hynix shares tumbled nearly 15% in Seoul as a global semiconductor sell-off intensified, driven by mounting concerns over AI spending, rising Chinese competition, and lofty chip valuations.
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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.
Samsung Posts 19-Fold Profit Surge as AI Chip Boom Accelerates
By
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Samsung’s operating profit jumped 19-fold in the second quarter as surging AI chip demand fueled one of the strongest earnings recoveries in the company’s history.
Apple Raises Prices Across Macs, iPads and Home Devices Amid Memory Shortage
By
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• 2 mins read
Apple increased prices across several Mac, iPad, Vision Pro, and home device products, citing unprecedented cost inflation driven by a global memory shortage.
Memory Chip Stocks Rally After Micron’s Strong Earnings Beat
By
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Semiconductor stocks rallied after Micron’s earnings beat, lifting memory chip makers and AI-related companies across the sector.
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By
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Micron reported record quarterly revenue, earnings, and guidance, significantly exceeding Wall Street expectations as surging demand for AI memory chips continued to drive growth.
SK Hynix Surpasses $1 Trillion Valuation as AI Memory Demand Explodes
By
Michael Foster
• 2 mins read
SK Hynix officially joined the $1 trillion market cap club after shares surged 11%, fueled by record earnings and booming demand for AI memory chips used in Nvidia systems.
Micron Surpasses $1 Trillion Market Cap After 1,350% Rally in 413 Days
By
Michael Foster
• 2 mins read
Micron became a $1 trillion company for the first time after shares surged 18% in a single session, driven by explosive demand for AI memory chips and tightening global supply.
Samsung Market Value Surpasses $1.2 Trillion on AI Chip Demand
By
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Samsung’s market capitalization surpassed $1.2 trillion as AI-driven semiconductor demand boosted investor sentiment.
Micron Shares Fall Despite Strong AI-Driven Earnings
By
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Micron shares fall after earnings as investors weigh valuation and supply risks despite strong AI-driven growth.
Transcend Halts SSD Production as NAND Supply From Samsung and SanDisk Collapses
By
Oleg Petrenko
• 3 mins read
Transcend has suspended SSD manufacturing after losing access to NAND chips from Samsung and SanDisk, leaving the company without supply for months and signaling deeper strain in the consumer storage market.