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Shares of the Roundhill Memory ETF (CBOE:DRAM) are off roughly 5% in early Tuesday trading, changing hands near $52.30 after closing Monday at $55.08. The slide caps a remarkable six-week sprint that saw the newly minted ETF roughly double since its April 2 inception. DRAM was up 30% in the week through Monday and 70% ... DRAM ETF Drops 5% as Memory Trade Cools After Parabolic Run
Investing.com -- Memory chip stocks have posted significant gains over the past month, with Micron Technology (NASDAQ:MU) climbing 90%, Sandisk Corporation rising 82%, and SK hynix advancing 78% over the 30-day period.
South Korea's KOSPI index took a tumble Monday as an official floated the idea of a giving excess AI profits to the country's citizens.
<body><p>STORY: From Dua Lipa suing Samsung to a robotic Buddhist monk... this is Tech Weekly.</p><p>:: Tech Weekly</p><p>British pop star Dua Lipa filed a lawsuit against Samsung, where she seeks at least $15 million in damages...</p><p>She's accused the South Korean tech giant of using her image without permission to market its television sets.</p><p>Lawyers argued it helped the company benefit from what seemed like her endorsement of the product.</p><p>A spokesperson for Samsung declined to comment.</p><p>A UK startup says its built an AI 'brain' which can teach humanoid robots new skills in days rather than months.</p><p>The London-based firm Humanoid believes they could soon see the droids put to work in factories and warehouses.</p><p>That so-called artificial "brain" helps the robot understand what it sees, process instructions and control its body.</p><p>Artem Sokolov is Humanoid's CEO.</p><p>"We train, we build our own proprietary VLA model - vision-language-action model - that help the robot do different tasks in the real world with human speed." </p><p>South Korea's first humanoid robot monk made its official debut at a Buddhist temple in Seoul.</p><p>It came ahead of the Buddha's birthday.</p><p>The robot, called Gabi, wore a traditional grey-and-brown Buddhist robe with black shoes.</p><p>It also folded its hands and bowed to monks in charge of the ceremony.</p><p>Nintendo shares slumped after investors sold off.</p><p>The Switch 2 maker's outlook for the year underwhelmed the market.</p><p>Nintendo also said it would raise prices of its Switch 2.</p><p>But analysts argue its casual gaming audience is seen as particularly sensitive to such hikes.</p><p>Rival Sony saw its shares fly up by a tenth.</p><p>The PlayStation 5 maker had forecast lower sales but higher profit at its gaming business.</p><p>One analyst said Sony was in a better position than Nintendo to pass the rising costs of memory chips to consumers.</p><p>Sony also said it was planning a new joint venture to develop and make image sensors in Japan with TSMC as it tries to control costs.</p></body>
Samsung Electronics' labour union in South Korea said on Tuesday it would walk out of ongoing pay negotiations if no mediation proposal was offered within two hours. The company is sticking to its proposal of assigning 10% of operating profit to a performance bonus pool, union representative Choi Seung-ho told reporters. He said it has been waiting for a mediation proposal for three hours.
(Bloomberg) -- A top South Korean policymaker said the nation should pay citizens a “dividend” using taxes on AI profits, underscoring growing pressure to redistribute gains from a boom that’s enriched chipmakers like Samsung Electronics Co. and SK Hynix Inc.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyEpstein's Black Card: How He Moved Women With His AmexModi Asks Indians to Stop Buying Gold,
Oil prices climbed on Tuesday as US-Iran talks stalled, while South Korean calls for a social tax on AI profits dragged down the tech-rich Kospi index.South Korea is riding an AI chip boom driving massive earnings for tech giants Samsung and SK hynix and sending the Kospi to record highs in recent weeks.
Micron stock rallied as NSEU announced a strike at Samsung Electronics. Here’s why the potential 18-day walkout may prove bullish for MU shares.
Micron Technology (NASDAQ:MU) shares jumped 5. 75% on Monday as investors reacted to growing concerns over potential labor disruptions at Samsung Electronics and ongoing supply tightness in the memory chip market.
Investing.com -- Micron Technology (NASDAQ:MU) shares rose 5.75% Monday as labor unrest at Samsung Electronics and supply constraints drove optimism, with Deutsche Bank setting a $1,000 price target for the memory-chip maker, matching the Street high.
The AI-powered tech rally showed no signs of slowing down on Monday, as two red-hot chip stocks continued to surge. Micron Technology rose 2.8% as rival memory chip maker Samsung tried to avoid a general walkout.
Moderna jumps after the U.S. health department says a passenger on a repatriation flight tested mildly positive for hantavirus. Moderna says it’s working on an ‘early-stage and ongoing’ treatment for hantavirus.
Micron stock was rising along with SK Hynix. Their memory-chip rival Samsung could be about to take a hit to production.
<body><p>STORY: :: This video contains flashing images</p><p>British pop star Dua Lipa has filed a lawsuit against Samsung Electronics.</p><p>She's seeking at least $15 million in damages...</p><p>and is accusing the South Korean tech giant of using her image without permission to market its television sets.</p><p>The lawsuit alleges that Samsung featured a copyrighted image of the pop star on the front of cardboard boxes containing televisions for retail sale...</p><p>enabling the company to benefit from what seemed like her endorsement of the product.</p><p>The suit was filed on Friday in the California federal court.</p><p>A spokesperson for Samsung Electronics declined to comment, saying it was unable to comment on pending litigation.</p><p>Dua Lipa's lawyers didn't immediately respond to a request for comment on the case.</p><p>Besides copyright and trademark infringement, Dua Lipa has accused Samsung Electronics of breaching publicity rights.</p><p>Lipa's lawyers have attached screenshots of social media postings and comments in the filing.</p><p>One of these screenshots shows a fan commenting that they would get the TV, quote, "just because Dua is on it."</p></body>
Crude prices jumped on Monday morning after US President Donald Trump rejected Tehran’s response to the latest proposal on ending the war in Iran.View on euronews
Asian stocks were mixed Monday after Wall Street set more records, and oil surged more than 4% following U.S. President Donald Trump’s rejection of Tehran’s response to the latest U.S. proposal on ending the war in Iran. Tokyo’s Nikkei 225 fell 0.4% to 62,486.84 after briefing reaching another record high in intraday trading at above 63,300. Technology-related stocks and growing artificial intelligence-related interest have supported markets in Japan and South Korea despite the Iran war, with the Nikkei 225 and Kospi rising more than 10% and 30%, respectively, over the past month.
By Rhea Rose Abraham May 10 (Reuters) - British pop star Dua Lipa has filed a lawsuit against Samsung Electronics seeking at least $15 million in damages, accusing the South Korean tech giant of using her image without permission to market its television sets. The lawsuit alleges that Samsung featured a copyrighted image of the pop star on the front of cardboard boxes containing televisions for retail sale, enabling the company to benefit from what seemed like her endorsement of the product.
Customers paid a collective $59 million toward a gold smartphone that Trump Mobile promised would be “Made in the USA” — but that doesn’t seem to have actually been made.
(Bloomberg) -- As the focus moves away from the Iran war, investors and strategists alike are looking for the next leg up in equities. Many are turning to Asia. Most Read from BloombergTrump Wants to Make H-1B Workers More Expensive for US EmployersBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsOnline Mob Fuels 6,000% Stock Rally in Obscure SpaceX RivalTrump Punts Thorniest Iran Challenges in Push to Open HormuzIran War Is Draining World’s Oil Buffer at an Unprecede
Arlo Technologies (NYSE:ARLO) reported record first-quarter 2026 revenue and earnings, with management pointing to rapid growth in paid accounts, higher average revenue per user and expanding services margins as the main drivers of the quarter. CEO Matt McRae described the period as a “spectacular
Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the best high volume stocks to invest in according to hedge funds. On May 5, AMD reported Q1 2026 revenue of $10.3 billion, a 38% increase year-over-year. The Data Center segment officially became the company’s primary growth engine, contributing $5.8 billion (up 57% year-over-year) due to high […]
Applied Materials, Inc. (NASDAQ:AMAT) is included among the 10 Best Inflation-Hedge Stocks to Buy for 2026. On May 8, HSBC initiated coverage of Applied Materials, Inc. (NASDAQ:AMAT) with a Buy rating. It also set a $517 price target on the stock. The firm said the company is well-positioned to benefit from growing demand for wafer […]
Introduction Over more than three decades, Arm evolved into a leading CPU architecture supplier for smartphones and embedded devices, licensing CPU architectures and core designs to customers such as Apple (AAPL), Qualcomm (QCOM), Nvidia (NVDA), Samsung, and MediaTek instead of manufacturing chips itself. In 2025, that business model began changing with the introduction of Arm’s ... Arm Is Quietly Becoming The CPU Backbone Of AI
INTC jumps after reports Apple is exploring U.S. chip production talks with Intel, boosting confidence in its growing foundry business.
8am: Futures point higher US stocks are set for a positive open on Friday, with futures pointing higher as Wall Street looks ahead to April's non-farm payrolls report, even as tensions in the Middle East flared overnight. Nasdaq futures are up 0.7%, S&P 500 futures have gained 0.5%,...
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