By Heekyong Yang SEOUL (Reuters) -Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia. The world’s biggest maker of memory chips is projected to report an April-June operating profit of 6.3 trillion won ($4.62…
Washington has unveiled sweeping new regulations aimed at curbing China’s ability to develop advanced semiconductors critical to military technologies, artificial intelligence, and hi-tech weaponry. The measures, announced on Monday by the Commerce Department’s Bureau of Industry and Security, impose export restrictions on 24 types of chipmaking equipment and three categories of software essential for semiconductor…
Illustration: FeatureChina (AP) In This Story Global chip stocks rallied after U.S.-based Micron’s (MU) revenue forecast topped Wall Street’s expectations. Investors should hope for a divided Congress, strategist says Micron shares were up over 18% in pre-market trading on Thursday morning, then stayed up around 17% after the market open. Micron’s earnings report boosted global…
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) – SK Hynix shares jumped more than 9% on Thursday after the South Korean firm started mass production of the most advanced high-bandwidth memory (HBM) chips, pulling ahead in a race to meet demand from an artificial intelligence (AI) boom. Shares of the world’s second-largest memory chipmaker…