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.
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.
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.
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.
SEOUL: Samsung Electronics said on Friday it expected limited first-quarter earnings growth due to weak memory
Asian equities fell Friday, 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.
Most Asian markets rose on Friday following encouraging earnings updates from Apple and Intel. Seoul stocks underperformed amid a
Asia market update: Nasdaq FUTS rise in Asia ahead of month-end, Apple gains after earnings, Samsung commented on HBM; BOJ Gov Ueda scheduled to appear before parliament from 2:35 pm (local time) [12:35 AM EST].