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Asia chip-linked shares recover after U.S. peers bounce back
Asian technology stocks rebounded Tuesday, tracking Wall Street's gains, as investors returned to artificial intelligence-linked names. South Korean memory chip giant SK Hynix climbed 6.44%, while Samsung Electronics gained 3.38%. Seoul Semiconductor jumped over 12%.
Asia tech stocks drop after Broadcom rattles AI trade and drags Wall Street names lower
Asian tech shares on Friday tracked losses in U.S. chip stocks after a downbeat earnings report from Broadcom sparked a rotation out of artificial intelligence-linked names into more defensive sectors. The weakness was pronounced in South Korea's chip-heavy market. Samsung Electronics fell nearly 7%, while SK Hynix dropped more than 8%.
Chinese memory makers step up challenge to Korea’s chip champions
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Samsung Elec's chip chief says he discussed next-generation foundry with Nvidia CEO
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US military says it intercepted Iranian missile and drone attacks in Gulf
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Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives
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South Korea's Lee says success of business should be shared, plans surplus tax revenue use
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Nvidia CEO says robotics is South Korea's next big sector, points to 'some suprises'
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South Korea nominates country's first female prime minister in two decades
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How did Taiwan, Seoul overtake India? Drop from 5th to 7th largest stock market - explained
In a span of just over a week, the Indian stock market has gone from being the world’s fifth largest to the seventh largest by market capitalization. First overtaken by Taiwan last week, India has now dropped below South Korea as artificial intelligence-driven rallies in these stock markets propel them to fresh highs. But the fall to seventh rank is not just about the rallies in South Korea and Taiwan.