A gauge of Asian shares snapped a two-day gain, with Korean chipmakers SK Hynix Inc. and Samsung Electronics Co. weighing as the nation’s markets reopened after the Lunar New Year holidays.
Asian equities fell Friday (Jan 31), as concerns over the impact DeepSeek will have on the artificial intelligence market pressured South Korean chipmakers. US futures climbed after robust results from Apple Inc.
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.
Asian equities fell Friday, pressured by technology companies. US futures climbed after robust results from Apple Inc.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials How the 2025 Catholic Jubilee Is Reshaping RomeA gauge of Asian shares fell after two daily advances,
Samsung Electronics has today warned of sluggish sales of its artificial intelligence chips in the current quarter due to US export restrictions to China, and as it worked towards launching an improved version of its high-end chips.
South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double this year, after reporting a quarterly profit record that beat a results estimate for rival Samsung.
SK hynix has just posted its best-ever yearly earnings for 2024: $46.1 billion in sales, revenues increased by 102% thanks to HBM and AI demand.
SK Hynix’s scorching growth underscores the extent ... And while smartphone demand — even for Apple Inc.’s iPhone — remains muted, the Korean firm expects sales of PCs and devices equipped ...
Asian equities fell Friday, pressured by technology companies. US futures climbed after robust results from Apple Inc.