Tech
Taiwan's Taiex suffers its steepest intraday fall on record, South Korea halts trading as the Kospi drops 8.7%, and Japan's Nikkei slides 6.7% after a Wall Street tech sell-off.
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No phones and 9 stories for “semiconductors”
Tech
Taiwan's Taiex suffers its steepest intraday fall on record, South Korea halts trading as the Kospi drops 8.7%, and Japan's Nikkei slides 6.7% after a Wall Street tech sell-off.
Tech
Marvell has agreed to acquire Lumentum for $115 billion in an all-stock deal, one of the largest in tech history. Both companies count Nvidia as a major investor.
Tech
Intel slid about 9% Monday after its worst day since 1974, capping a month that cut its value by more than half. Chip and memory stocks have shed roughly $3.7 trillion since October 6.
Tech
SK Hynix reported record quarterly revenue and operating profit, driven by surging demand for high-bandwidth memory used in AI processors. The company expects HBM4 to surpass HBM3E in Q4.
Tech
India's chip design startups are nearing commercial production with government backing, but low order volumes and high fabrication costs are slowing their path to market.
Tech
Intel's CTO says the company could only double leading-edge wafer output with today's global stock of chipmaking tools, as AI compute demand keeps surging.