CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Asian technology stocks surged Tuesday, tracking a rebound on Wall Street overnight as a sharp decline in oil prices…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images South Korean chipmaker SK Hynix on Wednesday posted a record high quarterly profit, sharply beating estimates, and announced over $25 billion in dividends and buybacks, sending shares more than 6% higher….
The SK Hynix Inc. booth at the Computex 2026 expo in Taipei, Taiwan, on Tuesday, June 2, 2026. Lam Yik Fei | Bloomberg | Getty Images Technology stocks fell Tuesday after a sell-off in U.S. semiconductor shares sparked worries over artificial intelligence financing and intensifying competition. European chip stocks sank in early morning trade, with…
Employees celebrate the close of trading for the year at the Korea Exchange (KRX) on Monday, Dec. 30, 2013. SeongJoon Cho | Bloomberg | Getty Images South Korean stocks rallied Thursday, lifting the benchmark Kospi into a technical bull market as a global revival in the AI trade fuels a sharp recovery after last month’s…
A man looks at a stock index board showing South Korea’s benchmark stock index (KOSPI) after the close of trading in Seoul on July 28, 2026. Greg Baker | Afp | Getty Images South Korea’s Kospi has staged a reversal from its latest rout, returning to bull-market territory as investors pile back into the country’s…
SK Hynix has announced a 54 trillion Korean won ($38.1 billion) investment to construct two new semiconductor manufacturing facilities in South Korea. As the world’s second-largest memory manufacturer behind Samsung, the company is expanding capacity to address severe supply constraints driven by the global AI data centre boom. Production in the first facility’s cleanroom is…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Semiconductor shares tumbled Tuesday in Asia, extending a rout in chipmakers after another weak session on Wall Street. SK Hynix plunged more than 13%, while Samsung Electronics fell over 12%. Other…
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…
SK Hynix has topped US$1-trillion in market capitalization for the first time, joining memory rivals Samsung Electronics and Micron Technology in a historic, AI-fuelled semiconductor rally. Shares of SK Hynix jumped 14.9% on Wednesday, pushing the company’s market value to a record ₩1,680-trillion ($1.12-trillion) and cementing South Korea as the first country outside the United…
SK Hynix said on Wednesday that it plans to invest the equivalent of US$12.85-billion (R212-billion) in a new manufacturing plant in South Korea for advanced packaging, to meet rising global demand for AI memory, with construction starting this month. The Nvidia supplier, one of the world’s largest memory chip makers, has been expanding production capacity…
