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SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry
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 […]
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Stocks making the biggest moves midday: Intel, AT&T, Stride, Elevance Health, Textron & more
Check out some of the companies making the biggest moves midday: Intel – The chipmaker climbed more than 11%, boosted by a report from DigiTimes saying Nvidia will shift chip production from Taiwan Semiconductor Manufacturing to Intel in 2028. Taiwan Semi added 1%. ASML — U.S.-listed shares of the semiconductor equipment maker fell more than […]
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Chip stocks rally after bumper earnings and a report of a game-changing China approval for Nvidia
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images Bloomberg […]
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South Korea’s SK Hynix to establish a special ‘AI Company’ in the U.S.
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 […]
Read MoreChip giant ASML posts record orders and upbeat 2026 guidance as AI boom continues
onathan Raa | Nurphoto | Getty Images ASML reported orders that smashed past expectations while 2026 sales guidance was also ahead of estimates as AI demand continues to support the Dutch chip giant’s business. Bookings, one of the most closely-watched metrics from investors, came in at 13.2 billion euros ($15.8 billion) in the fourth quarter […]
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China gives green light to importing first batch of Nvidia’s H200 AI chips, sources say: Reuters
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images Bloomberg […]
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Anthropic closes latest funding round above $10 billion and could go higher, sources say
CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Anthropic has closed its latest funding round above the initial $10 billion target at a $350 billion valuation, CNBC confirmed on Tuesday. The round closed at a total […]
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Silver is retail traders’ new obsession as record numbers bet on rally — and on a crash
In this photo illustration, silver bars are displayed at Polyak Precious Metals on Jan. 14, 2026 in San Francisco, California. Justin Sullivan | Getty Images Retail investors are betting big on major swings in silver. The question is which way the precious metal could go. Individual investors on Monday sent about $171 million on net […]
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Dario Amodei warns AI may cause ‘unusually painful’ disruption to jobs
SAN FRANCISCO, CALIFORNIA – SEPTEMBER 04: Anthropic Co-founder and CEO Dario Amodei speaks at the “How AI Will Transform Business in the Next 18 Months” panel during INBOUND 2025 Powered by HubSpot at Moscone Center on September 04, 2025 in San Francisco, California. (Photo by Chance Yeh/Getty Images for HubSpot) Chance Yeh | Getty Images […]
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