SK Hynix has overtaken Samsung Electronics in operating profit for the first time, marking a shift in South Korea’s semiconductor hierarchy as artificial intelligence reshapes the memory market. The crossover became clear this week when the two rivals reported earnings on consecutive days. SK Hynix’s results highlighted how leadership in…
The FTSE 100 Index continued its recent rally this week, helped by the ongoing bank and mining stocks gains.…
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging…
Gold’s blistering run is likely to continue as prices breached the $5,200 per ounce mark on Wednesday for the…
China has approved its first imports of Nvidia’s H200 artificial intelligence chips, Reuters reported, citing two people familiar with…
ASML’s latest results underline how deeply artificial intelligence spending is reshaping the semiconductor supply chain. The Dutch chip equipment…
HSBC share price continued its strong rally and is now sitting at its all-time high, with its market capitalization…
United Parcel Service is pressing ahead with a major restructuring that will see up to 30,000 jobs cut this…
South Korean chipmaker SK Hynix is stepping up its push into artificial intelligence by setting up a new US-based…