SK Hynix Shares Flash-Crash Again on Nextrade, KOSPI Falls 4.6%
The circuit breaker tripped before the Seoul market had even opened. On Nextrade, South Korea’s alternative trading platform, SK Hynix shares plunged 30% in pre-market trading on Wednesday, triggering a…
KOSPI Triggers Upside Circuit Breaker as Chip Stocks Rally
South Korea’s KOSPI index triggered an upside circuit breaker at the open Wednesday, surging 3.8% as memory stocks rallied, one day after the index had fallen sharply in a global…
SK Hynix’s Solidigm Weighs Nasdaq Listing After Pre-IPO Round
Solidigm, the NAND flash and SSD maker owned by SK Hynix, is raising 5 trillion to 10 trillion won in a pre-IPO funding round that values the company at about…
Samsung Widens DRAM Lead as Micron Draws Even With SK Hynix
Samsung Electronics reclaimed a 39% share of the global DRAM market in the second quarter, its highest level since 2024, while SK Hynix’s share fell to 26% and Micron Technology…
Samsung and SK Hynix Executives Under Police Investigation
South Korean police have opened an investigation into senior executives of Samsung Electronics and SK Hynix over allegations that they misused company assets during bonus negotiations with labor unions, according…
Anthropic Confirms Plans for Custom AI Chips
Anthropic confirmed for the first time that it has assembled an internal chip team, joining the ranks of AI labs that are designing custom processors rather than renting capacity from…
TSMC Outsources More Packaging as CoWoS Capacity Hits a Wall
TSMC is pushing more of its advanced chip packaging to outside contractors, according to people familiar with the matter, as orders for Nvidia’s AI processors strain the company’s production lines…
Korea’s National GPU Build-Out
South Korea broke ground on a national AI computing center in Haenam this week, a roughly $1.7 billion project led by Samsung SDS that aims to have 15,000 GPUs running…
DeepX’s Fourfold Valuation Jump
DeepX Co., a South Korean designer of AI chips, has signed the first agreements in a Series D round that values the company at about 3.14 trillion won ($2.2 billion),…
Taiwan Memory’s Two-Day Run
On Taiwan’s stock exchange, the price boards told a different story from Seoul’s. Memory stocks rose limit-up for a second straight session on August 3, with Nanya Technology and Winbond…
