Asia’s Chip Stocks Sink as KOSPI Falls Nearly 8% in Broad AI Selloff
The selling began in Seoul and spread across the region: by the close of trading on Thursday, South Korea’s KOSPI had fallen nearly 8%, its worst single-day loss in years,…
KKR and SK Group Form South Korea’s Largest Renewable Energy Platform
The deal, announced on July 1, pairs one of the world’s biggest private-equity firms with one of South Korea’s largest conglomerates in a bet that the country’s energy future belongs…
Micron Chief Takes Aim at Bargain-Hunting Memory Buyers
The complaint, delivered in the careful language of a CEO who knows every word will be parsed, was aimed at an unnamed customer, and no one in the industry had…
Tencent Signs $3 Billion Memory Deal With China’s CXMT
The contract, signed quietly in recent weeks, is the largest of its kind in China’s semiconductor industry. Tencent has agreed to buy 3 billion dollars worth of memory chips from…
Samsung Staff Weigh Exits as Bonus Gap Stings Appliances Unit
A five-year veteran of Samsung Electronics’ appliances and mobile division spent part of last week forwarding SK Hynix job openings to coworkers in an internal chat room. He had never…
South Korea Puts $550 Billion Behind Its Memory Makers
The televised address came on a Monday, and the president of South Korea, Lee Jae-myung, used it to declare 2026 the year the country would establish itself as an irreplaceable…
Memory Makers Face Class Action Over DRAM Supply
A technology reseller in Sacramento who buys server memory by the pallet watched his cost per gigabyte climb for six straight weeks this spring. Distributors returned the same answer to…
South Korea Unveils $576 Billion AI Chip Plan Led by Samsung and SK Hynix
South Korea’s government on Monday laid out a $576 billion investment plan for AI semiconductors, with Samsung Electronics and SK Hynix — the world’s two largest memory-chip makers — tasked…
Micron’s Quarterly Revenue Hits $41.5 Billion as AI Memory Demand Surges
Micron reported record quarterly revenue of $41.5 billion, up 74% from the preceding quarter and 34% from a year earlier, driven by AI infrastructure’s appetite for memory, according to Reuters.…
Apple Raises MacBook and iPad Prices as Memory Costs Climb
Apple’s online store went dark for a stretch on June 24, and the usual speculation followed: a new product launch, perhaps, or a maintenance window ahead of a release. When…
