Asian markets mostly advanced on Friday, following gains in US equities as investors assessed Big Tech earnings.
Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. Japan's core inflation rate, a key indicator of national trends,
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.
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 posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, yielding a 35% margin. Net income reached ...
Asian equities fell Friday, pressured by technology companies. US futures climbed after robust results from Apple Inc.
SK's factory investment plan for high-bandwidth memory (HBM) chips this year also underwhelmed investors, analysts said. Before the result, SK Hynix shares had jumped about 30% this year on ...
Assam CM Himanta Biswa Sarma, during his international outreach, visited Japan, highlighting India's cultural-historical ties with Japan. Sarma has been promoting 'Advantage Assam 2.0', especially in the semiconductor and renewable energy sectors,
SEOUL :South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit ...
WHAT TO WATCH: --AI: Investors are looking to see if SK Hynix, one of the major suppliers for U.S. artificial-intelligence chip giant Nvidia, continued to benefit from strong AI-driven demand for ...
Shares in SK Hynix, a key supplier to AI chip giant Nvidia, however, fell as much as 4.7% as the company warned of steeper demand declines in commodity memory chips used in smartphones and ...
U.S. President Donald Trump announced plans to impose tariffs on imported computer chips, pharmaceuticals, and steel, aiming to drive more manufacturing within the United States