Semiconductors

Illustration of South Korean stocks tumbling on the KOSPI index after AI rallies, showing traders reacting to market decline.

South Korean stocks tumble nearly 6 percent on profit-taking after AI rallies

26. juni 2026 Rapportert av AI Bilde generert av AI

The KOSPI fell 5.81 percent on June 26 as investors took profits following recent AI-driven gains, closing at 8,411.21.

Seoul shares open lower on US tech losses

The KOSPI fell 1.31 percent at the open on Friday, June 26, following tech losses on Wall Street and profit-taking after the previous session's sharp rise.

Kioxia plans US listing in spring and home stock split

25. juni 2026 Rapportert av AI

Kioxia, a NAND storage supplier, announced plans for a new listing in the United States next spring along with a stock split in Japan.

Asia

Samsung reviews HBM sales strategy at global meeting

Asia

South Korea exports surge 60.4 percent in early June

Asia

Seoul stocks open at fresh record high on chip rally

SK Group listed firms exceed 2,000 trillion won in market value

The combined market value of 19 listed firms in SK Group surpassed 2,000 trillion won for the first time on June 16, driven mainly by gains at SK hynix.

Tensordyne advances with power-saving AI chips

15. juni 2026 Rapportert av AI

Start-up Tensordyne has secured letters of intent worth more than 200 million dollars for its semiconductors. Fifteen data center operators are interested in the chips, which are said to consume far less energy than Nvidia products.

Nvidia and SK Hynix sign multiyear deal for AI factories

Nvidia and SK Hynix announced on June 8 that they have entered a multi-year technology partnership to develop next-generation memory technologies for AI factories.

South Korea posts second-largest current account surplus in April

4. juni 2026 Rapportert av AI

The Bank of Korea reported that the current account surplus reached $28.29 billion in April, the second-largest on record, driven by semiconductor exports.

torsdag, 25. juni 2026, 03:31