Asian chip-related stocks rally on renewed AI optimism

Asian chip-related stocks rally on renewed AI optimism

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024.  Annabelle Chih | Bloomberg | Getty Images Asian chipmaking heavyweights extended Wall Street’s rally as Nvidia CEO Jensen Huang made bullish comments about the AI darling’s outlook. The founder of the artificial intelligence … Read more

Asian chip stocks fall after Nvidia sell-off on Wall Street overnight

Asian chip stocks fall after Nvidia sell-off on Wall Street overnight

People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea’s Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday, underpinned by strong sales of memory chips to server customers even as demand from inflation-hit smartphone makers cools. Jung Yeon-je | Afp | Getty Images … Read more

Tech stocks in Asia fall amid broad declines in the region after Nvidia results

Tech stocks in Asia fall amid broad declines in the region after Nvidia results

Samsung Electronics’ fourth-generation high bandwidth memory or HBM3 chips have been cleared by Nvidia for use in its processors for the first time, three people briefed on the matter said. SeongJoon Cho | Bloomberg | Getty Images Tech and chip-related stocks in Asia fell on Thursday, after U.S. chip darling Nvidia reported its second-quarter results … Read more

Nvidia rally overnight lifts chip-related stocks in Asia on AI optimism

Nvidia rally overnight lifts chip-related stocks in Asia on AI optimism

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images Asia’s semiconductor and associated stocks rose on Wednesday after chipmaker Nvidia became the world’s most valuable company, riding … Read more