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Japan chip stocks extend losses as DeepSeek worries fuel Wall Street tech rout
Technology

Japan chip stocks extend losses as DeepSeek worries fuel Wall Street tech rout

A sales clerk shows off Elpida Memory Inc. memory chips at an electronics shop in Tokyo, Japan, on Thursday, March 5, 2009. Tomohiro Ohsumi | Bloomberg | Getty Images Shares in Japan’s chip-related companies extended declines for a second day as Chinese startup DeepSeek’s AI competitiveness calls into question the United States’ leadership in the […]

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Hong Kong stocks rise after AI sell-off fueled by China’s DeepSeek drags Wall Street lower
World

Hong Kong stocks rise after AI sell-off fueled by China’s DeepSeek drags Wall Street lower

The momentum in Japan markets were largely driven by the country’s technology and financial sector.  Doctoregg | Moment | Getty Images Hong Kong stocks rose Tuesday after Wall Street saw a massive drop in shares of tech companies, while several Asia-Pacific markets were closed for the Lunar New Year holiday. Hong Kong’s Hang Seng Index traded […]

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Japan chip stocks fall as DeepSeek’s challenge to U.S. AI dominance raises worries for Asian tech firms
World

Japan chip stocks fall as DeepSeek’s challenge to U.S. AI dominance raises worries for Asian tech firms

Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Japan’s chip-related stocks fell Monday as Chinese AI startup DeepSeek raises concerns about a potential challenge to America’s global leadership in artificial intelligence that threatens Asian tech companies […]

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The sectors — and stocks — to buy in Asia after Trump’s win, according to analysts
World

The sectors — and stocks — to buy in Asia after Trump’s win, according to analysts

Former U.S. President Donald Trump’s victory over Vice President Kamala Harris in this week’s election has raised questions about how Asia will be impacted. “At face value, Trump 2.0 is bad news for Asia, esp[ecially] China,” analysts at Macquarie Research wrote in a Nov. 7 note, given the president-elect’s plans to raise tariffs and cut […]

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Asian chip stocks fall on ASML’s disappointing forecast, possible U.S. export cap
Technology

Asian chip stocks fall on ASML’s disappointing forecast, possible U.S. export cap

A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images Asian chip stocks fell on Wednesday after Dutch semiconductor equipment maker ASML posted disappointing sales forecasts, driving down global stocks in the sector. Shares of Japanese semiconductor manufacturing firm Tokyo Electron logged the […]

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Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
World

Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high

A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Asian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial intelligence wave. Stocks tied to Nvidia suppliers as well as other […]

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SK Hynix shares jump as company announces mass production of updated AI chip
World

SK Hynix shares jump as company announces mass production of updated AI chip

SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images SK Hynix shares surged more than 9% Thursday morning after the company said it has […]

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CNBC Daily Open: Moving past sticky core inflation
World

CNBC Daily Open: Moving past sticky core inflation

Prices are displayed in a store window in Brooklyn on August 14, 2024 in New York City.  Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where […]

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Asian chip-related stocks rally on renewed AI optimism after Nvidia CEO comments
World

Asian chip-related stocks rally on renewed AI optimism after Nvidia CEO comments

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 […]

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Taiwan jumps almost 3% as tech stocks rally, leading Asia-Pacific markets higher
World

Taiwan jumps almost 3% as tech stocks rally, leading Asia-Pacific markets higher

TSMC offices in San Jose, California, US, on Thursday, April 18, 2024. David Paul Morris | Bloomberg | Getty Images Asia-Pacific markets opened higher on Thursday, tracking gains on Wall Street fueled by a tech rally. Japan’s Nikkei 225 jumped 2.77% and the broad-based Topix advanced 1.91%. Semiconductor related stocks Tokyo Electron rose 3.56%, Advantest […]

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