Tag: demand
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Will gold prices extend their record-breaking run?
Predictions suggest the price of the precious metal will keep hitting new record highs as investors seek a safe bet in turbulent times. Some forecasts say prices could double within five years.
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China’s June trade tops forecasts buoyed by AI boom
BEIJING: China’s exports surged in June, buoyed by demand for chips and data centre computing power to fuel the global AI boom, giving policymakers grappling with how to boost domestic demand in the world’s second-largest economy a much-needed buffer.The stronger-than-expected trade performance shows Chinese
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SK Hynix CEO sees worst memory shortage in 2027, demand to outstrip supply beyond 2030
SEOUL/NEW YORK, July 10 : SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027, forecasting that demand for memory will continue to exceed the company’s ability to produce it well into the next decade despite aggressive capacity expansion.
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SK Hynix CEO sees worst-ever memory supply shortage in 2027, says demand to outstrip supply beyond 2030
SEOUL/NEW YORK, July 10 : SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027, forecasting that demand for memory will continue to exceed the company’s ability to produce it well into the next decade despite aggressive capacity expansion.
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LG Energy Solution forecasts 77% operating profit fall in Q2 on weak EV demand
SEOUL, July 7 : South Korean battery maker LG Energy Solution said on Tuesday it expects April-June operating profit to fall 77 per cent to 113 billion won ($73.91 million), as sluggish electric vehicle (EV) demand continued to weigh on battery sales. That compared with an LSEG SmartEstimate forecast of a 249
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AI chip boom lifts Samsung profits by 1,800%
It comes as demand for semiconductors continues to outstrip supplies, which has pushed up prices.
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Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demand
July 1 : ITG’s shares rose 12.5 per cent in their Nasdaq debut on Wednesday, giving the Oaktree-backed digital infrastructure company a market value of $2.18 billion as investors continued to back firms tied to the AI boom.The debut adds to signs that investor appetite for companies supporting the AI buildout
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Micron forecasts strong quarterly results on soaring memory chip demand
June 24 : Micron Technology forecast quarterly earnings above Wall Street estimates on Wednesday, signaling that heavy investments in AI-related infrastructure will drive strong demand for memory chips, sending its shares up more than 9 per cent in extended trading.The company expects fourth-quarter revenue o
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Electronics firm Jabil raises annual profit forecast on strong data center demand
June 17 : Jabil raised its 2026 profit forecast on Wednesday, as the electronic-component maker looks to capitalize on AI-led demand for data centers, sending its shares up by more than 10 per cent in morning trading. A surge in data-center infrastructure spending, driven by strong demand for AI computing pow
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Japan manufacturers’ sentiment rises for second month on chip-driven demand: Reuters Poll
TOKYO, June 17 : Japanese manufacturers’ sentiment improved for the second consecutive month in June, as persistent semiconductor demand supported chemicals and machinery makers, the latest Reuters Tankan survey showed.The monthly poll, a leading indicator of the Bank of Japan’s quarterly Tankan business surv
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