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Today: July 25, 2026
Today: July 25, 2026

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Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers

By Max A.

Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers
Business|Economy|Science|Technology

Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership

Nvidia and South Korea's SK Group on Friday unveiled a more than $500 billion AI initiative spanning large-scale AI data centers and next-generation memory, Nvidia

Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership
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Nvidia, Microsoft and other tech giants back open-source AI models 

Nvidia, Microsoft and other tech heavyweights made a public case to lawmakers on Friday in favor of open-source AI models, wading into a debate

Nvidia, Microsoft and other tech giants back open-source AI models 
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Nvidia, Amkor strike $1.5 billion chip packaging deal

Amkor Technology said on Thursday it had entered a multi-year agreement with Nvidia worth $1.5 billion to expand advanced semiconductor packaging and test capacity in the U.S., as

Nvidia, Amkor strike $1.5 billion chip packaging deal
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Intel forecast crushes estimates as AI boom boosts chip demand; shares jump

Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 5.2% in after-hours trade and helping prompt the

Intel forecast crushes estimates as AI boom boosts chip demand; shares jump
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South Korea's Lee to visit South America and Germany, attend AI summit in US

South Korean President Lee Jae Myung will visit San Francisco, Brazil, Chile, Argentina and Germany from July 24 to August 3, the

South Korea's Lee to visit South America and Germany, attend AI summit in US
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Nvidia supplier Wistron launches $700 million Texas factory for AI system production

Taiwan's Wistron, a supplier to Nvidia, launched a $700 million manufacturing facility in Texas on Tuesday to produce the U.S. chipmaker's latest AI systems,

Nvidia supplier Wistron launches $700 million Texas factory for AI system production
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Hut 8 signs $9.8 billion AI data center lease, fully commercializes Texas campus

Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully

Hut 8 signs $9.8 billion AI data center lease, fully commercializes Texas campus
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Nasdaq, S&P 500 drop 1% after China’s latest AI breakthrough rattles tech stocks

Nasdaq, S&P 500 drop 1% after China’s latest AI breakthrough rattles tech stocks

Nasdaq, S&P 500 drop 1% after China’s latest AI breakthrough rattles tech stocks
Business|Economy|Technology

US probes Samsung for alleged infringement of Netlist's memory-chip patents

U.S. trade regulators have launched a probe into Samsung Electronics' memory chips and products sold by Google, Nvidia, Broadcom and Super Micro Computer that use them following a

US probes Samsung for alleged infringement of Netlist's memory-chip patents
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TSMC to invest another $100 billion in US as Q2 profit blows past forecasts

TSMC, the world's main producer of advanced AI chips and a major Nvidia supplier, pledged on Thursday to invest a further $100

TSMC to invest another $100 billion in US as Q2 profit blows past forecasts
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TSMC Q2 profit jumps 77% to record, far surpasses expectations

TSMC, the world's largest contract chipmaker, posted a 77% jump in second-quarter net profit on Thursday, beating market forecasts and hitting a record, riding the wave of

TSMC Q2 profit jumps 77% to record, far surpasses expectations
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This AI, it will make a profit, right?

A look at the day ahead in European and global markets from Stella Qiu The monstrous rally in Asian chipmakers this year is hitting a rocky patch.

This AI, it will make a profit, right?
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ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents show

A unit of telecoms gear maker ZTE Corp and two other Chinese firms are among the latest entities to receive U.S. approval to purchase advanced AI chips from Nvidia and AMD,

ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents show
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TSMC seen riding AI boom to fifth straight quarter of record profit

TSMC, the world's largest manufacturer of advanced AI chips, will likely notch a fifth consecutive quarter of record earnings, driven by

TSMC seen riding AI boom to fifth straight quarter of record profit
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SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy

Shares of South Korean memory chipmaker SK Hynix rose nearly 13% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence

SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy
Business|Economy|Technology

SK Hynix CEO sees worst-ever memory supply shortage in 2027, says demand to outstrip supply beyond 2030

SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027,

SK Hynix CEO sees worst-ever memory supply shortage in 2027, says demand to outstrip supply beyond 2030
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SK Hynix shares jump in marquee US debut as AI euphoria persists

SK Hynix's U.S.-listed shares jumped 14% in their Nasdaq debut following its $26.5 billion

SK Hynix shares jump in marquee US debut as AI euphoria persists
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SK Hynix raises $26.5 billion in US offering after pricing ADRs at $149

South Korea's SK Hynix priced its American Depositary Receipts at $149 on Thursday raising about $26.5 billion, a U.S. regulatory

SK Hynix raises $26.5 billion in US offering after pricing ADRs at $149
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Meta to put AI chip into production in September as it looks to double computing capacity, memo shows

(Corrects figure in paragraph 11 to 2.5 gigawatts by end of year, not 5.5 gigawatts.) By Katie Paul, Max A.

Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
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China plans to let top AI firms buy limited Nvidia H200 chips, the Information reports

China is planning to allow the country's top AI companies to buy a limited number of Nvidia's H200 chips, the Information reported on Wednesday, citing two people with direct

China plans to let top AI firms buy limited Nvidia H200 chips, the Information reports
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China's DeepSeek developing its own AI chip, sources say

Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce its reliance on Nvidia and Huawei chips, which

China's DeepSeek developing its own AI chip, sources say
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Nasdaq sinks as AI worries hit chipmakers

The Nasdaq ended sharply lower on Tuesday, weighed down by losses in Micron Technology and other chipmakers due to mounting doubts about the

Nasdaq sinks as AI worries hit chipmakers
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What's good for the US economy now may not be good for stocks

The U.S. economy and the U.S. stock market are starting to go their own ways. 

What's good for the US economy now may not be good for stocks