5 things to know before the market opens Wednesday
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. There was a…
SK Hynix shares surge to hit $1 trillion valuation
The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in…
AI wealth must benefit the public, South Korea’s deputy PM says
Bae Kyung-Hoon, South Korea’s science and ICT minister, speaks during a memorandum of understanding signing ceremony in Seoul,…
Samsung Hits $1 Trillion Valuation, Joining TSMC in Elite Club
(Bloomberg) — Samsung Electronics Co.’s market valuation topped $1 trillion after shares in the world’s largest memory maker…
Samsung hits $1 trillion valuation as AI rally lifts shares over 10%
Shares of Samsung Electronics surged more than 10% Wednesday, pushing the chip giant’s market capitalization past the $1…
Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South…
Samsung-backed AI chip firm Rebellions raises $400 million ahead of IPO
The Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel AI chips. Rebellions,…
SK Hynix files for U.S. listing as it rides ‘unprecedented growth’ in memory market
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office…
South Korea stocks crashed 18% in two days. Could it happen here?
A man walks past in front of an electronic screen showing South Korea’s benchmark stock index (KOSPI) at…
SK Hynix overtakes Samsung in annual profits for the first time
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office…
Samsung’s Chip Profit Soars in Strong Signal for Global AI Rush
Bloomberg (Bloomberg) — Samsung Electronics Co.’s chip unit beat expectations with a more than five-fold gain in profit,…
Morgan Stanley loves these AI memory stocks
Tech companies have raced to build out compute capacity to fuel their AI ambitions but are now faced…