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Bloomberg19d agoneutral
Nvidia to Invest $1 Billion in Naver and Expand SK Group Accord

(Bloomberg) -- Nvidia Corp. will invest $1 billion in Naver Corp. to help finance an AI data center under construction in South Korea, adding to a frenzy of deals by the world’s most valuable company.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies on 60 EconomiesSpaceX Turns Away Falcon Customers i

Samsung wants to bring stablecoins to your smartphone
TheStreet19d agoneutral
Samsung wants to bring stablecoins to your smartphone

Samsung is preparing to bring stablecoins to Samsung Wallet, marking one of the most significant crypto moves yet from a major smartphone maker. A stablecoin is a type of cryptocurrency designed to hold a steady value, typically pegged one-to-one to a currency like the U.S. dollar. Unlike Bitcoin ...

Bloomberg19d agoneutral
Samsung, SK Hynix to Ink Large Chip Supply Deals with US Firms

(Bloomberg) -- Samsung Electronics Co. and SK Hynix Inc. are set to unveil major agreements involving “very large” sums with leading US technology companies during President Lee Jae Myung’s visit to Silicon Valley, a senior presidential official said.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies

Morgan Stanley sends strong verdict on memory stocks
TheStreet20d agoneutral
Morgan Stanley sends strong verdict on memory stocks

Memory stocks were the hottest trade of 2026 until they weren't. In the span of a few weeks, one of the market's best-performing sectors flipped into a bear market. Micron (MU), Samsung, and SK Hynix (SKHY) all fell more than 20% from their late-June highs, and the Roundhill Memory ETF went ...

Qualcomm deepens ties with major Apple rival
TheStreet20d agoneutral
Qualcomm deepens ties with major Apple rival

Qualcomm and Samsung expanded their chip partnership this week, putting Snapdragon silicon inside nearly every new device in the Galaxy lineup. For over a decade, Samsung ran a split system, selling some flagship phones with its own Exynos processor and others with a Snapdragon chip depending on ...

Samsung unveils wider foldable phone, hikes prices as chip costs rise
Reuters21d agoneutral
Samsung unveils wider foldable phone, hikes prices as chip costs rise

Samsung Electronics on Wednesday unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it grapples ‌with rising memory chip prices while bracing for a new threat from Apple ‌in the niche but growing segment. The South Korean technology company pioneered foldable smartphones but its dominance is set to ​be challenged by Apple which analysts expect this year to launch a foldable phone with a screen similar in size to an iPad mini. "Strategically, this is one of Samsung's most important foldable launches," said Francisco Jeronimo, vice president at researcher IDC.

What Will a Folding iPhone Look Like? Samsung’s New Fold8 Offers Clues
The Wall Street Journal21d agoneutral
What Will a Folding iPhone Look Like? Samsung’s New Fold8 Offers Clues

Samsung’s new Galaxy Z Fold8 is the lightest book-style foldable phone on the market, but that’s not the headline. Based on analyst reports, it’s a preview of Apple’s long-rumored folding iPhone, expected this fall. The device is squatter and wider than Samsung’s previous foldables.

Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports
Reuters22d agoneutral
Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports

South Korea's Samsung is in talks to invest hundreds of millions of euros in the AI ‌start-up Mistral, as part of a fundraising round that ‌could value the group at roughly €20 billion ($22.81 billion), Financial Times reported on Wednesday, citing ​sources. Samsung could invest about €1 billion in the new round, the report said, adding that Swedish investor EQT’s Scaleup Europe Fund is in talks to back the fundraising round. In April, Samsung said it would ‌considerinvestment and acquisitions where ⁠necessary to accelerate development and commercialisation in robotics, while combining partnering local companies for technology development.

Bloomberg22d agoneutral
High-Risk Bets That Burned Korean Traders Are Making a Comeback

(Bloomberg) -- South Korea’s risk-loving retail investors are flocking to a leveraged instrument that has inflicted severe losses in the past, adding to concerns about abrupt unwinding of wagers as the stock market gyrates.Most Read from BloombergApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Sets 100% Tariff on Generic Drugs With Two-Year DelayTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Res

Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push
Reuters23d agoneutral
Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push

Samsung Electronics on Monday launched its first U.S. co-branded credit card with Barclays, deepening its push into the financial services space ‌in the country and signaling plans to broaden its offerings in the future. The Samsung Galaxy ‌Card, issued by Barclays and running on Visa's network, will allow users to apply, manage accounts, track spending and redeem ​rewards entirely through Samsung Wallet. The credit card launch also puts Samsung in direct competition with Apple Pay, which dominates payment services in the U.S. The launch comes as technology companies and banks race ‌to deepen ties between digital wallets ⁠and financial products, seeking to make smartphones the primary device for payments and money management, and both Samsung and Barclays want to capitalize on it.

ASML to offer employees €20,000 retention bonus for staying in 2027-2030
Reuters23d agoneutral
ASML to offer employees €20,000 retention bonus for staying in 2027-2030

ASML, the largest maker of equipment used to ‌manufacture computer chips, intends to offer ‌employees a bonus worth €20,000 ($22,838.00) if they remain with ​the company between 2027 and 2030. The company confirmed the plan, first reported in Eindhovens Dagblad, on Monday in an emailed statement. ASML ‌said terms ⁠of the conditional stock grant from January 1, 2027 are still ⁠being finalized, but it would be offered to "all eligible employees."

Could AI chip boom make ASML Europe's first trillion-dollar firm?
Reuters24d agoneutral
Could AI chip boom make ASML Europe's first trillion-dollar firm?

The global artificial intelligence boom has propelled ASML to the top of Europe's stock market, as soaring demand for AI computer chips flows to the Dutch company that dominates the market for the equipment needed to ‌make them. After blowout second quarter earnings, investors and analysts are asking a once far-fetched question: could ASML become Europe's first ever trillion-dollar firm? Key ‌obstacles include doubts over how long Google, Amazon, and other hyperscalers will keep spending heavily on data centres, and whether ASML, its suppliers and customers such as TSMC and Samsung can execute expansion ​plans.

Analysis-Could AI chip boom make ASML Europe's first trillion-dollar firm?
Reuters24d agoneutral
Analysis-Could AI chip boom make ASML Europe's first trillion-dollar firm?

The global artificial intelligence boom has propelled ASML to the top of Europe's stock market, as soaring demand for AI computer chips flows to the Dutch company that dominates the market for the equipment needed to ‌make them. After blowout second quarter earnings, investors and analysts are asking a once far-fetched question: could ASML become Europe's first ever trillion-dollar firm? Key ‌obstacles include doubts over how long Google, Amazon, and other hyperscalers will keep spending heavily on data centres, and whether ASML, its suppliers and customers such as TSMC and Samsung can execute expansion ​plans.

Bloomberg25d agoneutral
Korea’s AI-Heavy Market Now Sets the Tone for Global Stocks

(Bloomberg) -- For fund managers in London, New York and Tokyo, a new ritual has emerged before trading gets underway: checking South Korean stocks.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyChip Stocks Slide Into Bear Market in AI Unwind: Markets WrapTwo US Troops Killed, One Missing After Iran Strikes NeighborsOnce a periphe

Bloomberg26d agoneutral
ASML to Pay One-Time €20,000 Bonus to Staff as AI Propels Demand

(Bloomberg) -- ASML Holding NV will give employees globally a one-time €20,000 ($22,862) bonus, joining other firms in the chip industry to offer payouts as artificial intelligence demand fuels record sales. Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps P

Morning Bid: Chips and ships
Reuters26d agoneutral
Morning Bid: Chips and ships

By Anna Szymanski July 17 (Reuters) - From the Editor Hello Morning Bid readers! We can’t seem to get away from semiconductors and straits.

Micron signs deals with Qualcomm, others for AI-powered automobile chip components
Reuters27d agoneutral
Micron signs deals with Qualcomm, others for AI-powered automobile chip components

Micron Technology on Thursday signed long-term agreements with automotive suppliers, including chip designer ‌Qualcomm and audio products maker Harman, to secure ‌memory and storage components that powers AI-enabled vehicles. The agreements come as ​the industry races to expand manufacturing capacity to meet the booming demand for memory chips due to the rapid adoption of AI tools. These chips are used in data ‌centers, consumer electronics ⁠and vehicles, where they support AI-enabled features such as ADAS and digital cockpits.

South Korea Cracks Down on Leveraged ETFs Amid Big Swings in Chip Stocks
The Wall Street Journal27d agoneutral
South Korea Cracks Down on Leveraged ETFs Amid Big Swings in Chip Stocks

The Financial Services Commission said today that it would suspend new listings of single-stock leveraged exchange-traded funds and triple the minimum deposit requirement to 30 million won, or about $20,285. Leveraged ETFs tied to individual companies have surged in popularity around the world as investors have become eager to supersize their returns on chip stocks and other hot trades. A 2x leveraged ETF tracking SK Hynix, for example, would rise 10% on a day when the stock climbs 5%.