Markets
AMD gains after Strong Buy upgrade highlights agentic AI server demand
Raymond James raised its target to $641 as it forecast a $201 billion server CPU market by 2030, while warning that efficiency could limit shipments.
Etiqueta: <span>Semiconductors</span>
Tech
Kioxia and Sandisk plan more than $31 billion for Japan memory production
The partners target Yokkaichi and Kitakami through 2032, but the investment plan is contingent on government support and lacks a capacity breakdown.
Markets
AI and chip gains put South Korean shares near the end of a seven-week slide
The Kospi rose 0.82% to a three-week high in an intraday snapshot, extending a five-session rebound to 9.4%, while foreign buying, a firmer won and lower bond yields supported sentiment.
Tech
Korea's 10.8% plunge turns AI-chip doubts into a global market shock
The Kospi closed 10.8% lower as Samsung and SK Hynix fell more than 13%, spreading semiconductor losses across Asia and the Nasdaq even while most non-chip U.S. stocks advanced.
Tech
Etched doubles its valuation to $10.3 billion before proving mass-scale AI inference
A $300 million Series C led by Sequoia values Etched at $10.3 billion, backed by $1 billion of booked orders, first client tests and a new 10-megawatt facility—but mass delivery remains the central risk.
Markets
MetaX joins China's chip-capital race with a confidential Hong Kong filing
The Shanghai GPU developer is preparing for a possible listing by year-end with Huatai International, but the offering remains unannounced and its terms have not been disclosed.
Tech
TSMC Pledges Another $100B for U.S. Chip Expansion as AI Demand Surges
TSMC plans to invest an additional $100 billion in U.S. chip manufacturing, bringing total commitments to $265 billion. The world's largest contract chipmaker also raised its 2026 revenue forecast to above 40% after posting record $22 billion quarterly profit, driven by surging AI demand.