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Asia's tech giants give AI bull run a new centre of gravity
Reuters141d agoneutral
Asia's tech giants give AI bull run a new centre of gravity

Just as the world's AI bulls looked to be running out of puff, a fresh investor frenzy has hit Asia's tech names, making Seoul's stock market the world's hottest and delivering bonuses of half a million dollars to workers at one Korean chipmaker. Asia's three most valuable companies are chipmakers - ‌Taiwan Semiconductor Manufacturing Co, Samsung Electronics and SK Hynix - and their recent record earnings have put the spotlight on their critical role in the global AI supply chain. Chip revenues leapt nearly ‌50 times at Samsung last quarter and South Korea's benchmark KOSPI has doubled in little more than six months.

More Record Highs — Heard on the Street Wednesday Recap
The Wall Street Journal142d agobullish
More Record Highs — Heard on the Street Wednesday Recap

Oil prices fell and stocks rose on rising optimism about an end to Middle East hostilities. Iran and the U.S. are working with mediators on a one-page framework to restart negotiations aimed at ending the conflict and opening the Strait of Hormuz, with talks potentially beginning next week in Islamabad. Semiconductor stocks extended their rally.

US Retail Investors Get Direct Path to World-Beating Korea Rally
Bloomberg142d agobullish
US Retail Investors Get Direct Path to World-Beating Korea Rally

(Bloomberg) -- South Korean stocks are set for a further boost as Interactive Brokers Group Inc. gives US retail investors direct access to the world’s hottest market.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS, Iran Weigh Potential Deal as Trump Seeks Way Out of War“Eligibl

More Record Highs — Heard on the Street Wednesday Recap
The Wall Street Journal142d agobullish
More Record Highs — Heard on the Street Wednesday Recap

Oil prices fell and stocks rose on rising optimism about an end to Middle East hostilities. Iran and the U.S. are working with mediators on a one-page framework to restart negotiations aimed at ending the conflict and opening the Strait of Hormuz, with talks potentially beginning next week in Islamabad. Semiconductor stocks extended their rally.

Elon Musk's SpaceX submits plans for $55B Terafab chip facility
Yahoo Finance Video142d agoneutralVIDEO
Elon Musk's SpaceX submits plans for $55B Terafab chip facility

Elon Musk's SpaceX (SPAX.PVT) has filed plans to invest $55 billion into building a Terafab facility in Texas, which will allow the company to produce in-house chips for its AI and robotics projects. Yahoo Finance Senior Autos Reporter Pras Subramanian dives into the details.

Samsung market cap crosses $1 trillion amid memory chip rally
Yahoo Finance Video142d agobullishVIDEO
Samsung market cap crosses $1 trillion amid memory chip rally

Samsung Electronics (005930.KS, SMSN.IL) reached a $1 trillion market cap on Wednesday as the memory chip shortage drives the hardware manufacturer — and other memory chip developers — even higher. Market Domination Host Josh Lipton and Yahoo Finance Tech Editor Dan Howley sit down to discuss the rally occurring in the memory chip landscape.

What Apple (AAPL)'s Massive Buyback And Chip Shift Means For Shareholders
Simply Wall St.142d agobullish
What Apple (AAPL)'s Massive Buyback And Chip Shift Means For Shareholders

In late April 2026, Apple reported second‑quarter results showing revenue of US$111.18 billion and net income of US$29.58 billion, alongside a 4% dividend increase and board approval of a new US$100 billion share repurchase program. At the same time, Apple began early discussions with Intel and Samsung about diversifying chip production away from sole reliance on TSMC, while managing legal settlements and supply constraints tied to rising AI-related memory demand. We’ll now examine how...

Semi Stocks Are Flying. Why Skyworks Solutions Is Getting Crushed.
Barrons.com142d agoneutral
Semi Stocks Are Flying. Why Skyworks Solutions Is Getting Crushed.

On a banner day for semiconductor stocks, Skyworks Solutions was on pace for its worst session in more than a year. The a sector benchmark also referred to as the Philadelphia Semiconductor Index, recorded its largest 25-day rally since the 2000 dot-com bubble through Tuesday’s close. One stock was missing out from the rally: Skyworks fell 11% to $64.46 on Wednesday, heading for its largest single-day decline since a 12% drop in April 2025.

Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era
24/7 Wall St.142d agoneutral
Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era

Apple (NASDAQ:AAPL) just posted its best March quarter ever at $111.18 billion, while Intel (NASDAQ:INTC) followed with a sixth consecutive revenue beat. Now Bloomberg reports Apple is in early talks to use Intel and Samsung as U.S. chip suppliers. That single thread reframes both earnings reports. iPhone 17 Carries Apple. Foundry Carries Intel. Apple’s quarter ... Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era

Samsung says to discontinue China sales of some consumer electronics products
Reuters142d agoneutral
Samsung says to discontinue China sales of some consumer electronics products

Samsung Electronics, a maker of TVs and home appliances, said on Wednesday that it has ‌decided to discontinue sales of some consumer electronics products ‌in mainland China amid intensifying competition in the local market. "The company will make ​every effort to minimize any impact on customers resulting from this decision, and is reviewing various support measures for business partners," Samsung said in a statement, following earlier reports in South Korean media about ‌the exit of its ⁠TV and home appliance sales in China. While Samsung's memory chip business is enjoying a profit surge due ⁠to AI boom, its other products such as TVs, home appliances and mobile phones face mounting competition from Chinese rivals in China ​and elsewhere.

Apple Explores New Chip Suppliers As Investors Weigh Supply Chain Risks
Simply Wall St.142d agoneutral
Apple Explores New Chip Suppliers As Investors Weigh Supply Chain Risks

Apple is in early exploratory talks with Intel and Samsung about producing some of its processors outside of TSMC. The discussions are aimed at easing chip supply constraints and reducing supply chain and geopolitical risk. The move comes as global semiconductor shortages and rising AI related demand continue to pressure capacity. For investors watching NasdaqGS:AAPL, this potential shift in chip suppliers sits alongside a stock that has seen strong multi year returns, with the share price...

AI boom pushes Samsung to $1T
TechCrunch142d agoneutral
AI boom pushes Samsung to $1T

Samsung crossed the $1 trillion valuation mark after shares surged on AI-driven chip demand, making it only the second Asian company after TSMC to hit the milestone.

iPhone 17 Rules, Becomes World's Best-Selling Smartphone
Benzinga142d agobearish
iPhone 17 Rules, Becomes World's Best-Selling Smartphone

Counterpoint Research highlighted shifting smartphone industry dynamics in the first quarter of 2026, with premium devices gaining share, top models concentrating demand, and Original Equipment Manufacturers (OEMs) adjusting strategies amid cost pressures. Apple Leads As Premium Demand Strengthens Apple Inc.’s iPhone 17 emerged as the world’s best-selling smartphone in the first quarter of 2026, capturing a 6% share of global unit sales, Counterpoint noted on Monday. The iPhone 17 Pro Max and iP

Chip Stocks Look Set to Extend Rally
The Wall Street Journal142d agobullish
Chip Stocks Look Set to Extend Rally

Chipmakers are the most actively traded U.S. stocks ahead of the opening bell, setting the stage for another tech-led rally. In recent premarket action: Intel (INTC) is the most traded stock by volume, according to Dow Jones Market Data, and is up about 6%.

Nvidia Is Facing More Competition and It’s Spooking Investors
Bloomberg142d agobearish
Nvidia Is Facing More Competition and It’s Spooking Investors

(Bloomberg) -- This earnings season has delivered plenty of good news for the artificial intelligence trade, but instead of bidding up Nvidia Corp. shares, investors have been dumping them.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs AI Working Group, Model Testi