Chosun Biz and ICSmart report that Samsung Electronics plans to reduce NAND wafer production at its Xi'an factory in China by over 10%. Amid a global NAND oversupply, this decision likely aims to stabilize prices and reduce losses...

A meeting between the heads of SK Hynix's parent company and Nvidia on Wednesday indicated the two will forge closer ties in AI hardware. Chey Tae Won,

Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining. Japan’s finance minister rang in the New Year as Tokyo’s market resumed trading after the long traditional holiday,

Ju Seon Kim, President AI Infrastructure SK hynix; Young Sang Ryu, President and CEO SK Telecom; and Mark Adams, President and CEO Penguin Solutions join hands after the signing ceremony at CES to celebrate entering into a strategic collaboration agreement to pursue the development and delivery of comprehensive AI data center solutions.

SK Telecom signed a $200 million strategic investment agreement with Penguin Solutions in July of 2024, and shortly thereafter, together with SK hynix and Penguin Solutions, formed a task force to explore ways to leverage their complementary capabilities to enhance customer offerings.

Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining

Tokyo’s benchmark Nikkei 225 index lost 1. ... driven by a 9% increase in computer chip maker SK Hynix Inc. and a 2.9% jump in shares in Samsung Electronics, the country's biggest company.

Global stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining. Japan's finance minister rang in the New

Wall Street pointed higher before the opening bell on Monday, taking back some of its post-Christmas losses as markets prepare to kick off the first full trading week of 2025.

Live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Semiconductor stocks in Asia and Europe were on the rise after Taiwan Semiconductor Manufacturing Co. guided for robust sales growth this year on strong artificial-intelligence demand. Shares of the world's largest contract chip maker closed 3.

Tokyo’s benchmark Nikkei 225 index lost 1. ... driven by a 9% increase in computer chip maker SK Hynix Inc. and a 2.9% jump in shares in Samsung Electronics, the country's biggest company.