Tag: SK Hynix Inc
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Minister apologizes as Korean leveraged ETF investors nurse heavy losses amid chip stock rout
Korean retail investors have racked up heavy losses from leveraged bets on stocks, following rule changes earlier this year.
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Asian technology stocks extend sell-off with SoftBank down 7% as AI plays take a hit
Asian technology stocks extended their selloff on Wednesday, with semiconductor names leading declines after another weak session in the U.S.
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SK Hynix second-quarter profit surges to a new high — but misses estimates
SK Hynix announced second quarter earnings on Wednesday, with profit reaching a record but still missing estimates. Revenue more than tripled year over year.
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CNBC Daily Open: Chipping away at the AI boom
Another sharp sell-off in AI-related stocks shows the cracks could be worsening in the tech bull market.
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U.S. and Korean tech stocks are now tightly linked — and that could be a worry for investors
The 60-day correlation between the Kospi and Nasdaq 100 recently climbed to about 0.50, its highest level since 2021, according to data provided by Rayliant.
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Shares of SK Hynix plunge 10% in Seoul as semiconductor selloff deepens
South Korean semiconductor shares tumbled on Tuesday, extending a rout in chipmakers after another weak session on Wall Street.
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Oil prices cool, AI’s ‘distillation’ debate, Ford’s ‘Nike shoe drop’ and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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China memory chipmaker CXMT skyrockets 470% in blockbuster Shanghai debut
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
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CNBC Daily Open: Markets finally get a calm weekend; Nvidia and SK Hynix announce massive memory deal
It’s been a relatively calm weekend. Finally, there was a pause in the fighting in the Middle East instead of an escalation.
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Nvidia locks down memory supply from SK Hynix as part of $500 billion AI deal
Nvidia is aggressively securing supply of high-bandwidth memory, an essential component for its GPUs and systems.
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