South Korea is preparing for another major expansion in chip capacity Samsung Electronics and SK Hynix have unveiled plans to invest a combined 800 trillion won, or approximately $518 billion, in four new semiconductor fabrication plants in southwestern South Korea.
Memory stocks led another semiconductor pullback Semiconductor stocks moved lower Friday as investors reconsidered one of the central assumptions behind the recent chip rally: that rising memory prices would remain an unqualified benefit for the industry. Micron Technology and SanDisk
The first major wave of tariff refunds is reaching shipping companies FedEx, UPS and DHL are beginning to process more than $1 billion in tariff repayments that are ultimately expected to flow back to customers. FedEx disclosed that it has
Amazon is attracting a growing group of prominent investors Some of Wall Street’s most closely followed fund managers are increasing their exposure to Amazon as the company’s operating performance strengthens faster than its share price. Recent regulatory filings show expanded
AI revenue has crossed an important financial threshold Artificial intelligence is beginning to generate enough revenue to cover the estimated depreciation cost of the chips and data centres supporting it. Global AI sales outside China reached approximately $25 billion in
Oil prices are rapidly giving back the war premium Crude prices fell about 4% Wednesday as improving tanker movement through the Strait of Hormuz reduced fears of prolonged supply disruption. West Texas Intermediate reached an intraday low of $69.63 a
OpenAI is moving deeper into the AI infrastructure stack OpenAI has unveiled its first custom artificial intelligence processor, marking a major step in its effort to control more of the computing infrastructure behind ChatGPT, Codex and future AI products. Called
Washington is putting federal financing behind a large-scale nuclear buildout The Energy Department has conditionally committed $17.5 billion in financing to accelerate the potential construction of 10 large nuclear reactors across the United States. The program would support five separate
Nvidia is turning general AI agents into specialized research assistants Nvidia is expanding its healthcare and life-sciences business with a new software platform designed to help AI agents perform complex scientific work. The BioNeMo Agent Toolkit connects general-purpose AI systems
Beijing is targeting two pillars of the US rare-earth strategy China has imposed new export restrictions on MP Materials and USA Rare Earth, two companies at the centre of Washington’s effort to reduce its dependence on Chinese critical minerals. Both
South Korea is preparing for another major expansion in chip capacity Samsung Electronics and SK
Memory stocks led another semiconductor pullback Semiconductor stocks moved lower Friday as investors reconsidered one
The first major wave of tariff refunds is reaching shipping companies FedEx, UPS and DHL
Amazon is attracting a growing group of prominent investors Some of Wall Street’s most closely
AI revenue has crossed an important financial threshold Artificial intelligence is beginning to generate enough
Oil prices are rapidly giving back the war premium Crude prices fell about 4% Wednesday
OpenAI is moving deeper into the AI infrastructure stack OpenAI has unveiled its first custom
Washington is putting federal financing behind a large-scale nuclear buildout The Energy Department has conditionally
Nvidia is turning general AI agents into specialized research assistants Nvidia is expanding its healthcare
Beijing is targeting two pillars of the US rare-earth strategy China has imposed new export
