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(Bloomberg) -- ASML Holding NV lifted its annual sales forecast for the second time this year as a surge in artificial intelligence spending drives demand for the Dutch company’s chip-making machines. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeTrump Drops 20% Fee for Hormuz Cargo After Gulf Pressure‘We Faltered’: IBM Plunges Most Since at Least 1968 on MissOpenAI’s First Device Will Be Mov

ASML, the world's biggest supplier ‌of equipment used ‌to manufacture computer chips, ​on Wednesday reported better-than-expected second-quarter revenue and profit, as demand from ‌makers of ⁠artificial intelligence chips offset uncertainty over ⁠sales to China. Revenue for the three months ​ended June ​30 ​was 9.33 ‌billion euros ($10.90 billion), compared with the 8.80 billion euros expected by analysts, according to LSEG ‌median estimates. Net income was ​2.92 ​billion euros, ‌compared with the 2.62 ​billion ​euros expected, according to LSEG data.

The gains come after weeks of volatility due to shifting views on memory durability and the recent escalation in the U.S.-Iran war.

Asian shares mostly rose Wednesday, tracking a rally on Wall Street following a report that showed U.S. inflation was not as bad last month as economists expected. Shares in computer chipmaker SK Hynix rose 9.4%, while those of Samsung Electronics surged 6.1%. Hong Kong's Hang Seng edged up 1.5% to 24,701.10, while the Shanghai Composite lost 0.2% to 3,957.79 after the Chinese government reported the economy expanded at a 4.3% annualized pace in April-June, slowing sharply from 5% in the first quarter of the year.

Asian stocks gained Wednesday as markets dialed back U.S. rate-hike expectations following an unexpectedly upbeat inflation print.

Micron Technology, Inc. (NASDAQ:MU) is among the Ray Dalio Stock Portfolio. On July 8, Barron’s reported that Micron Technology, Inc. (NASDAQ:MU) rebounded after entering a technical bear market, rising 0.3% on Wednesday after sliding 4.7% a day earlier. Barron’s said the prior decline left the stock more than 20% below its recent closing high. The report said investors […]

AI-driven chip volatility whipsawed SK Hynix as leveraged trading and earnings concerns rattled investors.

ADR talks could expand access for American investors

SK Hynix Wipes Out Massive Intraday Losses in Dramatic Reversal

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.10%. September E-mini S&P futures (ESU26 ) rose +0.35%, and September E-mini Nasdaq futures...

GraniteShares founder & CEO Will Rhind joins Josh Lipton on Market Domination Overtime to discuss the firm's new SK Hynix (000660.KS) ETFs, which give investors new leveraged ways to gain exposure to the AI memory chip giant.

Retail-focused leveraged chip ETFs lost billions in value as forced rebalancing intensified South Korea's semiconductor stock decline.

Apple has bucked the Q2 smartphone shipment downtrend. Where does the stock stand before earnings?

The move could give American investors easier access to the South Korean technology giant.

Buying individual shares isn't the only way to gain exposure to South Korea's most important AI chip stocks.

Apple Defies China's Smartphone Slump With Strong Premium Growth

The S&P 500 Index ($SPX ) (SPY ) today is up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.30%, and September E-mini Nasdaq futures...

(Bloomberg) -- Options on SK Hynix Inc.’s American Depository Receipts began trading on US options exchanges Tuesday, giving traders in the world’s largest derivatives market easier access to the volatile South Korean memory chipmaker. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge

The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.28%, and September E-mini Nasdaq futures...

An AI bubble scare is cracking AI memory stocks, yet big money keeps quietly buying the dip. Is the rally over, or just resetting?

Samsung bonuses exceeding $400K are enough to vault workers past doctors and lawyers in a competitive, credential-driven marriage market. What does America's own AI boom mean for your paycheck?

Samsung Electronics joined the Sisvel Wi-Fi Multimode patent pool as both licensee and licensor. The move ends litigation between Samsung Electronics and Sisvel related to Wi-Fi patents. The agreement expands access and coverage for essential Wi-Fi 6 and Wi-Fi 7 patents involving Samsung Electronics. Samsung Electronics (KOSE:A005930) is adding a fresh chapter to its intellectual property strategy by stepping into the Sisvel Wi-Fi Multimode pool on both sides of the table. The stock last...

Chip stocks have shed $2.7 trillion since late June, yet Wall Street still sees industry profits reaching roughly $700 billion in 2027.

Even though Samsung has held preliminary talks with banks, the company hasn’t made a final decision on whether to proceed, according to Bloomberg.

The U.S. struck targets in Iran again on Monday night, with President Donald Trump saying a deal could still be struck.

Apple stock hit a record as an AI-driven memory crisis split the smartphone market and crushed budget Android.

Samsung Electronics Co. is in the early stages ‌of exploring a potential offering ‌of American Depositary Receipts (ADRs), Bloomberg News reported on ​Tuesday, citing people familiar with the matter. Samsung declined to comment. Samsung has ‌held preliminary discussions ⁠with banks, but hasn’t yet made a decision about whether ⁠to proceed, the report said adding that the discussions are in ​the very ​early stages and ​may not result ‌in a listing.

(Bloomberg) -- Samsung Electronics Co. is in the early stages of exploring a potential offering of American depositary receipts, according to people familiar with the matter. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleHormuz Route Open Despite Iran Declaration, Marit

Micron, Samsung, DRAM and DISK have been highlighted in this Investment Ideas article.

ASML, the biggest supplier of equipment used to manufacture AI chips, reports quarterly earnings on Wednesday looking to justify its chunky valuation and demonstrate how it will contend with U.S. moves to block ‌exports to China. Clouding the outlook, however, is a proposed U.S. law requiring U.S. allies to align with export controls to curb China's ability to make advanced chips, with ASML named in the legislation. The company has denied selling its most advanced EUV tools to China, which is forecast to account for up to 20% of ASML's sales this year through legal purchases of ‌less-advanced DUV tools to make chips for automotive, ⁠industrial and electronic products.