The world’s most valuable chip stocks have seen more than $1 trillion wiped from their market caps this week as investor jitters swept through the sector. The selloff was led by Nvidia, which saw a $238 billion rout since market close on Friday. SK Hynix, Samsung Electronics and Micron — all key players in the…
Demand for SK Hynix’s offering was reportedly over seven times more than the number of shares available, highlighting the strong investor appetite for a key company in the AI supply chain. Each American depositary share is equivalent to a tenth of a Seoul-traded common share, SK Hynix said. The offering gives US investors a way…
Rodrigo Liang, Co-founder & CEO, SambaNova Systems, on the AI Summit stage during day two of Web Summit Vancouver 2026 at Vancouver Convention Centre in Vancouver, Canada. Shauna Clinton | Sportsfile | Getty Images An AI chip startup has raised $1 billion in financing as investors continue to pour money into companies looking to challenge…
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin…
Jensen Huang, CEO of NVIDIA, speaks to reporters and answers questions during a brief press availability outside a Korean barbecue restaurant in Seoul, South Korea, on June 5, 2026. Chris Jung | Nurphoto | Getty Images Chip stocks sold off on Friday amid mounting concerns over the rising cost of artificial intelligence infrastructure. Intel shed…
Prof Francesco Petruccione IBM this week claimed the first sub-nanometre chip, a generation it calls the 0.7nm, or 7-angstrom, node. It says the design packs nearly 100 billion transistors onto a fingernail-sized surface, about twice the density of its 2nm chip from 2021, with up to 50% more performance or 70% better energy efficiency. Production…
Image: IBM IBM on Thursday unveiled what it said was the world’s first sub-1nm chip technology — a node it calls the 0.7nm, or 7-angstrom, generation — as tech companies race to build semiconductors that can handle increasingly demanding AI workloads. Shares of the Armonk, New York-based company rose over 6% in pre-market trading. They…
Broadcom CEO Hock Tan OpenAI has showed off the company’s first custom AI chip, which it designed with Broadcom, as it seeks to speed its development of its infrastructure. AI labs such as OpenAI and Anthropic are struggling to obtain enough computing horsepower to run the latest, most powerful chatbots and coding apps. Some, such…
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session. Shares of Micron rose 4.89% in premarket trading, and Sandisk…
An employee counts genuine South Korean 50,000 won banknotes in this arranged photograph at the Counterfeit Notes Response Center of KEB Hana Bank in Seoul, South Korea, Aug. 14, 2017. The won advanced for the first day in four as top U.S. national security officials sought to damp down talk of am imminent war with North Korea following days…
