South Korean chip maker supplying memory chips to AI companies; raised $26.5bn in largest foreign US listing in July 2026.
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Joy Online
… The benchmark Kospi index closed almost 18% higher, driven by chip makers SK Hynix and Samsung Electronics. …
South Korean shares soar after chip stock routJoy Online
… South Korean tech giants Samsung Electronics and SK Hynix and US-based Micron dominate the Dram market, with the three companies accounting for around 90% of global production. …
Chinese chipmaker shares surge nearly 470% in blockbuster stock market debutJoy Online
… SK Group runs SK Hynix, the semiconductor giant that supplies chips to Nvidia and recently made a record-setting debut on the US stock market. …
Tech titan ordered to pay ex-wife $644m in divorce settlementJoy Online
South Korean computer chip maker SK Hynix has raised $26.5bn (£19.8bn) in its New York share offering, marking the largest ever listing by a foreign firm in the US. …
Chip giant SK Hynix raises $26.5bn in mega US share saleJoy Online
… Its stock market value has more than doubled since the start of this year, while South Korean rival SK Hynix has jumped by more than 200%. …
AI chip boom lifts Samsung profits by 1,800%Joy Online
… onductors. “We must secure the core elements of AI faster than any other country,” Lee said. “Semiconductors, physical AI, and AI data centres are the triple axis for a great leap forward.” Lee announced the plans in a televised event alongside the leaders of Samsung and SK Hynix …
South Korea unveils $880bn chip and AI investment planJoy Online
… Earlier, major South Korean tech companies had fallen sharply, including those of chipmakers Samsung, which closed down 10%, and SK Hynix. …
Stock market jitters remain amid tech fears and renewed Middle East attacksJoy Online
… Earlier, major South Korean tech companies had fallen sharply, including those of chipmakers Samsung, which closed down 10%, and SK Hynix. …
Stock market jitters remain amid tech fears and renewed Middle East attacksJoy Online
… Nvidia also plans to hold a “Korean Partner Night” event on the sidelines of the COMPUTEX trade show in Taipei on Monday, which Jensen and executives from chipmakers Samsung and SK Hynix and other companies will attend. …
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executivesJoy Online
… The dispute comes at a sensitive moment for the company as it faces intensifying competition from rivals SK Hynix and Micron amid surging AI-driven chip demand that has already strained global supply. …
Samsung strike on hold – but the fight isn’t over yet. Why?South Korea's Kospi index surged almost 18% on Friday, partly reversing a three-day sell-off, as chip makers SK Hynix and Samsung Electronics rallied following positive earnings updates from Amazon and Microsoft on AI investment. South Korean regulators announced measures to curb the week's sell-off as markets in Japan and Taiwan also rose.
20 hours ago · Joy Online →
South Korea's Kospi index surged almost 18% on Friday, partly reversing a three-day sell-off, as chip makers SK Hynix and Samsung Electronics rallied following positive earnings updates from Amazon and Microsoft on AI investment. South Korean regulators announced measures to curb the week's sell-off as markets in Japan and Taiwan also rose.
20 hours ago · Joy Online →
ChangXin Memory Technologies (CXMT), China's biggest memory chip maker, saw its shares soar nearly 470% on their Shanghai Stock Exchange debut, giving the company a valuation of around 3.3 trillion yuan ($487bn) and making it the most valuable listed company in mainland China. The company manufactures Dram chips for AI data centres, mobile devices, and other electronics, and plans to use IPO proceeds for expanded production and research.
27 July 2026 · Joy Online →
A South Korean court has ordered SK Group chairman Chey Tae-won to pay his ex-wife Roh Soh-yeong 944 billion won (approximately $644 million) in a divorce settlement, below the initial 1.38 trillion won awarded in 2024. The case centres on asset division following their 35-year marriage and the revelation that Chey had fathered a child with another woman.
24 July 2026 · Joy Online →
South Korean chip maker SK Hynix raised $26.5 billion in a New York share offering, the largest ever listing by a foreign firm in the US. The company, which supplies memory chips to AI chip makers including Nvidia, sold 177.9 million American depositary shares at $149 each, with trading beginning on Nasdaq Friday.
10 July 2026 · Joy Online →
South Korean technology giant Samsung Electronics forecasts a 19-fold jump in profits to 89.4tn won between April and June, its third consecutive record quarterly operating profit, driven by global demand for artificial intelligence memory chips and tight semiconductor supplies that have pushed up prices.
6 July 2026 · Joy Online →
South Korea has unveiled plans for at least $880bn in investment to expand chip manufacturing and artificial intelligence capabilities, part of a Three Mega Projects initiative to develop new chip production hubs, data centres and robotics technology. President Lee Jae-myung said the plan aims to rejuvenate economies outside Seoul as regional rivals Taiwan, China and Japan invest heavily in chip factories.
29 June 2026 · Joy Online →
Asian stock markets suffered steep losses on Monday as investors grew concerned about overvalued artificial intelligence investments and a rise in oil prices following renewed Iran-Israel strikes. US markets recovered some losses with the Nasdaq closing up 0.9% and the S&P 500 up 0.3%, though South Korea's Kospi index fell 8.3% and Japan's Nikkei dropped 3.9%.
10 June 2026 · Joy Online →
US stock markets recovered modestly on Monday after Friday's losses, but Asian markets fell sharply—South Korea's Kospi index closed 8.3% lower and Japan's Nikkei fell 3.9%—amid a technology stock sell-off and renewed Middle East tensions that raised oil prices and inflation concerns.
8 June 2026 · Joy Online →
Shares in Samsung Electronics and LG Electronics rallied on Monday following expectations of meetings between Nvidia CEO Jensen Huang and Korean executives to discuss AI and robotics partnerships. South Korean semiconductor exports surged to a record high in June amid the AI boom.
1 June 2026 · Joy Online →
The largest union at Samsung Electronics has suspended a planned strike after reaching a last-minute tentative pay agreement, easing concerns about disruption to the world's largest memory chipmaker. The dispute centred on how to distribute profits from soaring AI chip demand, with the union representing nearly 48,000 workers securing changes to bonus distribution between memory chip divisions and other units.
21 May 2026 · Joy Online →