US-Iran tensions escalated for a second straight day as fresh military strikes threatened the fragile ceasefire and disrupted shipping through the Strait of Hormuz.SK Hynix moved closer to its record US listing with plans to price its American depositary receipts at $149 each.Oil prices fell as dem…
Retail enthusiasm in South Korea's $4.3 trillion stock market has intensified around leveraged ETFs tied to Samsung Electronics (SSNLF), a South Korean chipmaker and electronics giant, and SK Hynix (HXSCL), a South Korean chipmaker, as investors look for amplified exposure to the country's AI-drive…
SK Hynix Inc. (SKHY) could price its U.S. offering at $149 per American Depositary Receipt amid recent volatility in the company’s shares listed in Seoul.According to a Bloomberg report, at this price point, SK Hynix’s issue would value the offering at $26.5 billion. This is slightly lower than the…
SK Hynix (HXSCL), a Korean memory chipmaker, appears to be drawing heavy investor demand for its planned U.S. listing, with its offering more than seven times oversubscribed, according to people familiar with the matter. The sale of 177.9 million American depositary receipts has attracted instituti…
Micron and SanDisk stocks dropped over 6% in premarket trading on Wednesday, tracking the selloff in Samsung Electronics shares despite the company’s blowout preliminary results. Meanwhile, Stocktwits users remain divided on SK Hynix’s upcoming Nasdaq listing, with 40% saying they will remain on th…
SK Hynix reversed course to trade higher during the session after earlier falling as much as 5%. According to Odaily, the stock turned positive intraday following the earlier decline.
SK hynix GDR (000660) plunged ~30% YTD, seeing multiple 6–7.5% daily drops. Weakness followed heavy selling in chip names after Samsung’s strong profits; Nasdaq GDR listing valued
SK Hynix is expected to begin trading on the Nasdaq Global Select Market on July 10 under a pre-issuance trading format, using the ticker symbol SKHYV. According to Odaily, the ticker is expected to change to SKHY on July 13, when trading is set to shift to the regular format.All settlements for pr…
U.S. stock indices ended lower on Tuesday as investors sold off high-growth tech and chipmaker stocks as Treasury yields spiked owing to a jump in oil prices after Iran attacked a Qatari shipment in the Strait of Hormuz.The S&P 500 ended 0.5% lower, while the Nasdaq 100 lost 1.8% and the Dow Jones…
SEMI, the global semiconductor industry association representing chip manufacturers and equipment suppliers, has warned the Trump administration that attempts to influence memory chip prices or production capacity could possibly make the current supply squeeze worse. In a letter to senior officials…
The Fund is designed to track 2x the daily performance of SK hynix, the memory chipmaker at the center of the AI hardware buildout, and joins Corgi's single-stock 2x lineup priced from 0.20% to 0.50%. These products are intended for sophisticated investors who understand the risks of daily leverage…
By Shashwat Chauhan and Avinash PThe Nasdaq was set to open lower on Tuesday amid declining chip stocks, with investors questioning the momentum of the AI-led rally despite Samsung's strong earnings, while a report on China's DeepSeek making its own AI chip also hit sentiment.Nvidia NASDAQ:NVDA fe…
By Amanda CooperGlobal stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions.Samsung Electronics KRX:005930 fore…
By Anna SzymanskiWhat matters in U.S. and global markets todayBy Anna Szymanski, Editor-in-Charge, Reuters Open InterestU.S. chip stocks staged a comeback on Monday, but that momentum stalled heading into Tuesday as concerns about the durability of the AI chip frenzy weighed on shares in Asia trad…
By Amanda CooperGlobal stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions.Samsung Electronics KRX:005930 fore…
SK Hynix's upcoming ADR listing is a test of investor appetite after the recent memory correction, says Charu Chanana, Saxo Markets chief investment strategist, in a note. Samsung Electronics fell 6.9% and SK Hynix declined 6.1% on Tuesday despite Samsung saying it expects another record quarter on…
Futures tied to the tech-heavy Nasdaq dropped on Tuesday on declines in chip stocks over concerns about the sustainability of the AI-driven rally despite strong results from Samsung, while SpaceX shares dipped ahead of their Nasdaq-100 debut.Elon Musk's SpaceX NASDAQ:SPCX was set to begin trading a…
By Cynthia Kim and Hyunjoo JinU.S. chip design giant Synopsys NASDAQ:SNPS plans to stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, as it seeks to divert resources to higher-margin offerings such as AI desig…
By Jihoon LeeSouth Korean shares fell 8% on Tuesday, led by chipmakers, as investors questioned whether record earnings tied to AI could hold up.The benchmark KOSPI KRX:KOSPI was down 646.85 points, or 8.03%, at 7,404.48, as of 0453 GMT. It triggered circuit breakers at 0451 GMT, halting trading fo…
By Sherry QinAsian stocks were mostly lower early Tuesday with South Korea again leading the losses, as the chip-led artificial-intelligence rally takes a breather.Seoul's benchmark stock index was dragged 5.9% lower by heavyweight chip-makers Samsung Electronics and SK Hynix, which tumbled 8.4% an…
