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SK Hynix's $28 billion US listing drew 7x demand even as KOSPI briefly fell into a bear market this week over in Korea.
<p>Roundhill's memory fund has been the debut of the year. Three rivals are now betting on different corners of the theme.</p><p> </p>
Shares slipped in Asia and oil prices jumped Thursday as conflict escalated in the Middle East, with Iran and the U.S. launching fresh attacks. U.S. futures edged higher. The United States launched more airstrikes on Iran, and Iran responded by firing at Bahrain, Kuwait and Qatar, a day after U.S. President Donald Trump said their temporary ceasefire was “over.”
China's top memory chipmaker Changxin Memory Technologies (CXMT) said on Thursday it will start book-building on July 15 for its Shanghai initial public offering as it seeks to raise 29.5 billion yuan ($4.34 billion). CXMT, long seen as a technological laggard compared with global leaders Samsung Electronics and SK Hynix, will take investor subscriptions on July 16 for its IPO, according to a stock exchange filing. CXMT's mega IPO comes amid rising volatility in global memory chip shares.
South Korea's KOSPI opened nearly 4% higher Thursday, pulling the index back above the threshold that defines a bear market.
MU's post-earnings pullback comes despite record results and strong AI memory demand, with growth guidance and analyst targets remaining upbeat.
Oil surged and stocks slid after the president's comments at a NATO summit, while semiconductor stocks staged a quiet recovery.
Investors may have sold Sandisk stock for the wrong reason yesterday. That doesn't mean they were wrong to sell.
New PM1763 SSD delivers over 2x faster speeds and targets next-generation AI data centers.
Samsung is expected to unveil three foldables as AI-driven profits reach a record 89.4 trillion won.
International investing has spent years playing second fiddle to the U.S. stock market. That is changing. As investors look beyond a handful of mega-cap technology stocks, capital is flowing into emerging markets at a pace not seen in years. Fund assets are climbing to record levels, performance has improved, and interest in artificial intelligence has ... Record Money Is Pouring Into Emerging Markets. This One Difference Could Decide Your Returns
The world’s hottest index has been dragged into a technical bear market as the memory-chip selloff gathered pace Wednesday. So long as AI demand drives huge spending on memory chips, the KOSPI is likely to resume its rally.
South Korea’s high-flying stock index is having a harder time staying airborne. The Kospi index entered a technical bear market (defined as a 20% drop from a recent high) after plunging more than 5% today.
Micron stock is in a technical bear market, meaning it is more than 20% down from its recent closing high.
Forty percent of some 4,400 voters in a Stocktwits poll said they will skip investing in the SK Hynix stock for now.
🔎 Levi Strauss (LEVI), Costco Wholesale (COST): The jeans maker is due to post second-quarter earnings this afternoon; Costco will report June sales. ↘️ Applied Materials (AMAT), Micron Technology (MU), Marvell Technology (MRVL), Intel (INTC), Advanced Micro Devices (AMD): The chip stocks fell in premarket trading, on course to extend a slide sparked by guidance from Samsung Electronics (KR:005930) yesterday that failed to meet lofty expectations.
The world’s hottest index has been dragged into a technical bear market as the memory-chip selloff gathered pace Wednesday. The KOSPI index closed down 5.4% in South Korean trading as its two largest constituents SK Hynix and Samsung Electronics dropped 5.7% and 6.3%, respectively. The KOSPI may have entered technical bear market but it remains one of the best-performing major global indexes this year, up 72%, while the S&P 500 is up 9.6% in 2026 so far.
In June 2026, Best Buy introduced RGB LED TVs nationwide through exclusive partnerships with Samsung, Sony, LG, TCL and Hisense, offering free delivery, installation and haul-away with most purchases and showcasing screen sizes from 50 inches up to 116 inches. This rollout positions Best Buy as the only national retailer where shoppers can experience this new RGB LED standard in person, supported by more than 15,000 specially trained Blue Shirts to guide complex home theater upgrade...
Samsung Electronics (KOSE:A005930) has introduced the PM1763, an enterprise SSD based on the PCIe 6.0 standard. The drive targets artificial intelligence and high performance computing workloads with higher throughput than its predecessor. The PM1763 includes post quantum cryptographic security features and is designed for liquid cooled, power efficient data centers. Samsung Electronics sits at the center of the memory and storage market, and the PM1763 PCIe 6.0 SSD adds another product...
(Bloomberg) -- After losing roughly $1 trillion in market value in less than two months, Nvidia Corp.’s stock is the cheapest it’s been since before the AI boom kicked off and sent the shares into the stratosphere.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapUS Strikes Iran and Blocks Oil Sales in New Test of TruceTwo Millennium Trading Pods Made About $3.7 Billion Last MonthChina Sentences
The South Korean memory chip giant’s planned Nasdaq listing is already attracting strong institutional interest, fueling bullish sentiment around one of the largest equity offerings tied to the artificial intelligence boom. SK Hynix Launches $28 Billion US Share Sale South Korean chipmaker SK Hynix on Monday launched a U.S. share sale aimed at raising about 43 trillion won ($28.07 billion) through the issuance of American depositary receipts (ADRs) listed on the Nasdaq. The company said major in
(Bloomberg) -- South Korea’s equity market extended declines, pushing the benchmark gauge toward a technical bear market as investors reassessed the outlook for artificial intelligence demand.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapTwo Millennium Trading Pods Made About $3.7 Billion Last MonthUS Strikes Iran and Blocks Oil Sales in New Test of CeasefireChina Sentences Official to Death
The most profitable quarter in the memory industry's history just knocked the sector's stocks lower.
Samsung reported blowout preliminary results for the last quarter, but shares declined anyway, triggering a selloff in major chip stocks.
SEOUL, July 8 (Reuters) - Shares of South Korean memory chipmakers Samsung Electronics and SK Hynix fell as much as 4.4% and 5%, respectively, in early trade on Wednesday, tracking a broad selloff in