Chip stocks tumbled as investors cut risk amid Middle East tensions and ahead of CXMT's July 27 market debut.
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Trade.xyz launches a CXMT perpetual futures contract as China's chipmaker prepares its Shanghai IPO.
ADR profit-taking, earnings concerns and foreign selling trigger a sharp Korean chip stock selloff.
Oversubscribed offering could revive Asian ADR listings as AI infrastructure attracts strong U.S. investor interest.
Micron's outlook eased chip-demand fears, but inflation concerns quickly reignited volatility across AI-focused stocks.
SK Hynix and Micron rally as investors bet AI-driven HBM shortages could last through 2027.
The Kospi index is up 25.5% year to date, a world-best performance. The iShares MSCI South Korea ETF is up more than 27%, also outperforming country-specific ETFs. The S&P 500, by comparison, has nearly erased its 2026 gains.
SanDisk (SNDK) stock just got one of the most aggressive votes of confidence on Wall Street. Bernstein SocGen Group analyst Mark C. Newman just dropped a jaw-dropping new price target of $1,000 on the memory chip players' stock while keeping an outperform rating. The new target represents a 72.4% ...