The world’s top memory chip makers made plenty of headlines this week, capped by Micron delivering one of the strongest earnings reports of this artificial intelligence cycle. Micron posted revenue and earnings miles ahead of already high expectations, and guidance pointing to roughly 80% gross margins next quarter. And yet the stock sank. The market…
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Asian technology stocks fell on Thursday as Iran’s latest attacks on Qatar’s Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment, amplifying concerns…
The artificial intelligence spending blitz has the memory industry dancing to a new tune. Shares of Micron are up more than 370% over the past year, while Sandisk, which only listed in February of last year, is up more than 1100%. For decades, memory stocks were stuck in a trader’s game, a boom-bust-repeat pattern, but…
A man walks past in front of an electronic screen showing South Korea’s benchmark stock index (KOSPI) at the Korea Exchange in Seoul on March 3, 2026. Jung Yeon-je | Afp | Getty Images South Korean stocks quickly fell from grace following the U.S. and Israeli strikes on Iran. But Wall Street doesn’t see that…
The SK Hynix Inc. logo is displayed on a glass door at the company’s office in Seoul, South Korea, on Monday, Jan. 27, 2014. SK Hynix aims to select a U.S. site for its advanced chip packaging plant and break ground there around the first quarter of next year. SeongJoon Cho | Bloomberg | Getty…
Illustration of the SK Hynix logo displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images South Korean memory giant SK Hynix announced Wednesday that it will set up a new U.S.-based company focused on artificial intelligence solutions, committing at least $10 billion as it seizes on new AI growth engines. The new…
A visitor takes a picture of a model of SK hynix’s high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24, 2025. Jung Yeon-je | Afp | Getty Images South Korea-based memory maker SK Hynix announced Tuesday it will invest 19 trillion Korean won ($12.9 billion) to build a new…
Eugene Mymrin | Moment | Getty Images All computing devices require a part called memory, or RAM, for short-term data storage, but this year, there won’t be enough of these essential components to meet worldwide demand. That’s because companies like Nvidia, Advanced Micro Devices and Google need so much RAM for their artificial intelligence chips,…
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images South Korea’s Samsung Electronics expects its profits to triple in the final three months of last year, reaching a record high, as memory prices surge amid booming demand tied to artificial intelligence. The world’s largest memory…
Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images South Korea’s SK Hynix on Wednesday confirmed that it is weighing a U.S. listing as the memory chipmaker’s valuation soars on global demand for artificial intelligence hardware. The company at the center of the AI…
