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A number of stocks jumped in the afternoon session after semiconductor stocks rebounded amid dip buying following a recent selloff, as reports revealed that China may ease restrictions on advanced Nvidia AI chip imports.
A number of stocks jumped in the afternoon session after semiconductor stocks rebounded amid dip buying following a recent selloff, as reports revealed that China may ease restrictions on advanced Nvidia AI chip imports.
Alibaba Group Holding (BABA) stock surged in premarket trading on Wednesday after a wave of good news landed at once. Just days earlier, Alibaba and Anthropic were trading accusations, not compliments, in a dispute over stolen AI technology and hidden tracking code. The rally proves those two ...
A number of stocks jumped in the afternoon session after semiconductor stocks rebounded amid dip buying following a recent selloff, as reports revealed that China may ease restrictions on advanced Nvidia AI chip imports.
A number of stocks jumped in the afternoon session after semiconductor stocks rebounded amid dip buying following a recent selloff, as reports revealed that China may ease restrictions on advanced Nvidia AI chip imports.
Startup PrismML has gotten an artificial intelligence model running on an Apple (AAPL) iPhone 17 Pro
Alibaba Group Holding Limited (NYSE:BABA) is one of the undervalued stocks to buy according to the Wall Street. On July 2, Access Advance LLC and Alibaba Group announced that Alibaba expanded its participation in the Video Distribution Patent/VDP Pool by becoming a Licensee. This agreement provides Alibaba access to a comprehensive license for HEVC, VVC, […]
A number of stocks jumped in the morning session after semiconductor stocks rebounded amid dip buying following a recent selloff, as reports revealed that China may ease restrictions on advanced Nvidia AI chip imports.
Zhipu AI, a language model develope , wants to raise $4 billion in new capital to compete with America’s chip giants and hyperscalers. DeepSeek raised $7 billion last month.
Alibaba stock jumped 11% to near $109, but analysts cut price targets. See the key levels and why the rally faces a test at $112.89.
Investing.com — South Korean semiconductor giant SK Hynix Inc. is aiming to price its highly anticipated US listing at $149 per American depositary receipt (ADR), according to a report by Bloomberg, citing people familiar with the matter. The proposed pricing lands at a premium of approximately 3.1% over Thursday’s closing price of the company’s common shares in Seoul, where they finished the session at 218,600 won ($144.50) each. According to a regulatory filing with the US Securities and Excha
SK Hynix stock rose on Thursday ahead of the South Korean company’s listing of American depositary receipts. The memory giant is launching an ADR listing on the Nasdaq under the ticker symbol SKHY on Friday. Ten ADRs will represent one local South Korean share, giving an implied dollar price per ADR of around $144.50.
<body><p>STORY: :: SK Hynix IPO sees massive investor interest in key AI player</p><p>:: George Godber, UK Fund Manager, Polar Capital </p><p>"What we know about this offering is that this is a very, very, very significant deal. $25 billion plus. This is as much a raising as we see in the States for this type of business since Alibaba, and the shares have been incredibly strong this year. The chip plays have been the absolute epicenter of the AI capex spend. There's a lot of attention there. There's an awful lot of demand. There's a lot of retail interest. But it is volatile. Look, we've actually seen just in the last few days how much the Korean stock market has been winging around. I think it's pretty clear that the offering has been well subscribed, but it's going to be very, very interesting to see how it trades in the after market."</p><p>Demand for SK Hynix's $28 billion U.S. share sale was more than seven times available shares, a person familiar with the matter said, underscoring huge investor appetite for a pivotal company in the AI supply chain.</p><p> The offering from the South Korean chipmaker, which will finance new factories and equipment to meet surging AI chip demand, is set to be the world's second-biggest share sale after SpaceX's SPCX.O record-breaking $85.7 billion IPO last month.</p><p> SK Hynix declined to comment. The person declined to be identified as details of the share sale were confidential.</p></body>
(Bloomberg) -- SK Hynix Inc. is telling investors it intends to price its US listing at $149 per American depositary receipt, according to people familiar with the matter, despite recent volatility in the Korean memory chipmaker’s shares.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran for Sec
Institutional investors heavily oversubscribed the ADR offering despite recent volatility in the Korean chipmaker's shares.
Report Suggests China May Permit Limited H200 Chip SalesNvidia (NASDAQ:NVDA) could regain limited access to the Chinese artificial intelligence market, according to a report from The Information, which said Beijing is considering allowing domestic companies to purchase a restricted number of the chipmaker’s H200 AI processors. The report says Chinese technology groups including Alibaba, ByteDance and DeepSeek have been informed they may be eligible to acquire the chips, provided they disclose bo
SK Hynix shares rose on Thursday ahead of the South Korean company’s listing of American depositary receipts. The memory giant is launching an ADR listing on the Nasdaq under the ticker symbol SKHY on Friday. Ten ADRs will represent one local South Korean share, giving an implied dollar price per ADR of around $144.50.
<body><p>STORY: From Samsung's huge quarter to Microsoft's big lay offs...</p><p>This is AI Weekly.</p><p>:: AI Weekly</p><p>Samsung flagged a 19-fold jump in second-quarter profits from a year earlier.</p><p>The South Korean giant estimated April-June operating profit at just over $58 billion - ahead of analyst projections.</p><p>The global AI boom drove huge demand for Samsung's chips, and sent prices for silicon sky-high.</p><p>Although investors wiped more than $80 billion off the firm's market value after the results were announced over worries about how long the AI bonanza will last.</p><p>China plans to allow its top AI firms to buy a limited number of Nvidia's most powerful AI chip, the H200.</p><p>That's according to a report from The Information.</p><p>It said Chinese officials recently told local leaders Alibaba, ByteDance and DeepSeek they may soon get permission to buy some of the chips.</p><p>Beijing has until now withheld approval of buying the H200 as it looks to support domestic suppliers.</p><p>Microsoft said it will cut more than 2% of its workforce, or roughly 4,800 jobs.</p><p>It joins a wave of layoffs at tech titans as they move investments to AI infrastructure.</p><p>Booming AI demand has powered growth at Microsoft's Azure cloud-computing business.</p><p>But the growing cost of building data centers to run those services has hit cash flows.</p><p>And sources told Reuters China's DeepSeek is developing its own AI chip.</p><p>It could lower its reliance on Nvidia and Huawei chips which is needed to train and run its AI models.</p><p>The sources said the chip is designed for inference, rather than for training new models.</p><p>Inference is the stage of AI computing where a trained model generates responses for users.</p><p>DeepSeek didn't respond to a request for comment.</p></body>
Burry disclosed he had increased his JD.com position by buying some stock at $27.58.
The Morning Bull - US Market Morning Update Thursday, Jul, 9 2026 US stock futures are pointing lower this morning, with E mini S&P 500 contracts down about 0.8%, as investors react to a mix of higher borrowing costs and fresh inflation worries. The US 10 year Treasury yield is sitting near 4.58%, a 4 week high, which means mortgages, car loans and business borrowing could stay expensive. At the same time, one year US inflation expectations are at 3.7%, and a drop in US oil inventories is...
Over the past week, Alibaba Group has reported narrowing losses and stable profitability in its instant‑commerce business, accelerating AI‑driven growth in its cloud division, and secured a temporary U.S. legal reprieve from Pentagon-related lobbying restrictions. At the same time, Alibaba has tightened its AI and data-security posture, banning Anthropic tools, emphasizing in‑house platforms, and adapting to evolving Chinese AI rules, while investors reassess the company’s cloud and AI...
Yahoo Finance Technology Editor Dan Howley discusses China's warning that Anthropic's (ANTH.PVT) Claude Code could expose sensitive user data.
SK Hynix climbs 14% as shares begin tradint on Nasday
SK Hynix will begin trading on the Nasdaq on Friday, in the biggest foreign debut in the US.
Alibaba stock is rallying as its pre-earnings briefing signals AI momentum and improving core business efficiency. But should you load up on BABA shares into strength today?
China Could Revive Nvidia's AI Business With Limited H200 Chip Approval
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