AMD launched its Helios AI rack system and Venice-X CPU, aiming to challenge Nvidia's market dominance. CEO Lisa Su announced major customers like Microsoft and predicted the AI accelerator market would reach $1.4 trillion by 2030, driven by agentic AI demand.
TSMC is committing over $200 billion to advanced semiconductor manufacturing in the U.S., driven by President Trump's pressure and tariff threats. This expansion, while boosting market cap, is increasing production costs and diluting gross margins, despite strong demand from the AI boom.
CuspAI, a Cambridge-based AI startup, secured $450m (£330m) in Series B funding from investors including Jeff Bezos and the UK government, valuing it at $2.6bn. The company aims to develop AI-powered software to discover new materials, reducing research times and reliance on rare metals for chipmakers and other industries.
Austria's ATX index has become Europe's best-performing equity market in 2026, gaining 21.3% since January. This surge is primarily driven by AT&S, a semiconductor supplier specializing in integrated circuit substrates, whose shares have climbed 459%, reshaping the market's composition.
Moore Threads and Hygon project 135.1%-149.1% and 55.6%-70.2% revenue growth, respectively, in H1 2026, driven by China's surging demand for AI computing power amid US export controls.
Oil prices soared and Asian stocks plummeted after the US launched new strikes against Iran, escalating tensions over the Strait of Hormuz. Brent crude rose 4.7%, while markets like South Korea's Kospi dropped 8%. Chip companies were severely hit.
SK Hynix shares dropped over 15% in Seoul, marking their worst day, following a strong Nasdaq debut. Investors are booking profits and assessing AI memory chip demand against recent stock surges, creating valuation uncertainty.
SK Hynix shares dropped over 15% in Seoul, marking its worst trading day, following a strong Nasdaq debut. Investors are booking profits and assessing AI memory chip demand against the stock's recent surge, creating valuation uncertainty.
SK Hynix shares dropped over 12% in Seoul Monday following a strong Nasdaq debut Friday. Investors are weighing AI memory chip demand against valuation concerns and profit-taking, creating a discount between its US and Korean listings.
SK Hynix shares dropped over 10% in Seoul after a strong Nasdaq debut, as investors took profits and debated AI chip demand versus stock valuation. Analysts cited confusion over fair pricing and a discount rate between US and Korean listings.
SK Hynix, a major memory chip supplier, launched on Wall Street Friday, raising $26.5 billion and setting a record for the largest debut by a foreign company. The IPO comes amid surging demand for DRAM and HBM driven by AI data centers.
South Korean chipmaker SK hynix plans to raise approximately $26.5 billion (40 trillion won) through the listing of its American depositary receipts (ADRs) on the Nasdaq. This offering, priced at $149 per ADR, aims to fund a new semiconductor plant and advanced chip packaging facility, and invest in EUV lithography equipment. The listing is set to be the largest U.S. equity debut by a foreign company, surpassing Alibaba's IPO, and the world's second-largest stock sale after SpaceX.
South Korean chipmaker SK hynix is set to raise approximately $28 billion on Wall Street via ADRs, a sum surpassed only by SpaceX. The listing aims to improve valuation and fund new facilities amidst a booming AI memory market, despite cyclical industry risks.
Zhipu AI and Iluvatar CoreX Semiconductor shares surged Thursday following separate secondary share placements to raise billions of Hong Kong dollars for hardware and research. Investor appetite remained robust despite expired lock-up periods, showcasing a common strategy for Chinese tech firms to secure funding post-IPO.
Apple is reportedly testing DRAM chips from China's CXMT for devices sold in China, despite CXMT being blacklisted by the US Defense Department due to alleged ties to the Chinese military. Apple is lobbying the US government for permission to use these chips.
SK hynix has reportedly bought approximately 20 trillion won (US$13.2 billion) in bonds this year, driven by record earnings in the semiconductor industry. The chipmaker is investing its swelling cash reserves in various high-grade credit products to manage excess liquidity.
Michael Burry has initiated a short position against Micron Technology, citing 'historically extreme' stock levels driven by AI hype and FOMO, not fundamentals. He points to the company's cyclical history and poor profitability metrics as indicators of significant downside risk.
South Korea plans to use record-breaking tax income from its chip industry, driven by AI demand, to fund a "future response fund." Proceeds will support industrial infrastructure, young generations, and utilities for chip plants, reflecting strong profits from Samsung Electronics and SK hynix.
Nvidia maintains a frugal workplace culture with subsidized meals and few lavish perks, prioritizing work-life balance. Despite this, CEO Jensen Huang advises investors to view the recent tech stock selloff as a major buying opportunity, emphasizing the early stages of the AI boom.
China's CXMT is set for a 29.5 billion yuan IPO on Shanghai's Star Market. The memory chipmaker benefits from a global shortage driven by AI demand, reporting a 719% revenue jump in Q1. CXMT is securing orders from tech giants like Tencent and ByteDance, and Apple is lobbying for clearance to buy from them.
South Korea's industry ministry has denied rumors about establishing a government-led think tank to manage profits from chipmakers' AI boom. The ministry called the claims false and threatened action against misinformation.
Chipmakers like Micron and Intel saw their market caps triple in Q2 as investors diversified AI portfolios beyond Nvidia. This shift reflects a broader investment in semiconductor enablers and AI infrastructure.
Basic, a Chinese SiC device manufacturer founded in 2016, prepares for its public debut, aligning with China's efforts to lead in SiC technology, despite current market oversupply, with anticipated demand growth driven by 800V architectures and data center adoption by 2027-2028.
Micron and Qualcomm reported significant gains driven by AI demand, with Micron's gross margin topping major tech companies. Meanwhile, Middle East tensions led to oil price declines as tankers exited the Strait of Hormuz, and Europe experienced a record-breaking heatwave causing widespread disruption.
