Shares of SK Hynix, a major supplier to Nvidia Corp., plummeted by 9.9%. Another tech giant, Samsung, lost 2.4%. Australia’s S&P/ASX 200 advanced 0.5% to 8,532.30. In Bangkok, the SET was down 0.9%.
SK Hynix's shares slumped, hit by the shock from Chinese artificial-intelligence startup DeepSeek as stock trading resumed in South Korea after a four-day holiday.
While fourth-quarter revenue and operating profit fell quarter on quarter, annual revenue reached the second-highest on ...
Eric Ross, chief investment strategist at Cascend Securities, discusses Samsung's chip business and how it's being ...
Investors have punished Samsung for the slow progress in advancing its HBM technology, with its share price falling more than 10% in the final quarter of 2024, bringing its losses for the year to ...
The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter owing to ...
Nvidia (NASDAQ:NVDA) has approved Samsung Electronics (KS:005930) 8-layer HBM3E chips for artificial intelligence ...