PRESS AI WORLD

According to the term you entered "icon": 136 news found

ECONOMY

SK Hynix Achieves Record $26.5 Billion IPO Amid AI Surge

Friday, Jul 10

SK Hynix raises $26.5 billion in a landmark IPO as investor interest in AI chips soars, marking the largest US listing by a foreign firm.

ECONOMY

Samsung Forecasts Record 19-Fold Profit Jump Driven by AI Chip Demand

Tuesday, Jul 07

Samsung Electronics expects a significant increase in profits thanks to rising demand for AI-driven memory chips, projecting operating profits to leap 19-fold.

ECONOMY

South Korea Launches $880 Billion Initiative to Dominate AI Chip Production

Tuesday, Jun 30

South Korea announces a monumental $880 billion plan to enhance its AI and semiconductor industries, aiming for global technological leadership.

ECONOMY

US enforces restrictions on Nvidia AI chip exports to Chinese firms abroad

Monday, Jun 01

The US Department of Commerce has closed a loophole allowing Nvidia AI chip shipments to Chinese firms outside China.

ECONOMY

Samsung Electronics Faces Major 18-Day Strike as Bonus Negotiations Fail

Wednesday, May 20

Over 48,000 Samsung workers prepare for an 18-day strike after bonus negotiations collapse, potentially impacting South Korea's economy and global semiconductor supply.

ECONOMY

Snap Cuts 1,000 Jobs as AI Drives Efficiency and Cost Reduction

Wednesday, Apr 15

Snap announces the layoff of 1,000 employees to leverage AI efficiencies and cut costs as it seeks profitability amidst intense market competition.

POLITICS

Dutch Court Orders Probe into Nexperia's Governance Amidst Tensions with Chinese Parent Wingtech

Thursday, Feb 12

A Dutch court initiates an investigation into Nexperia, raising governance concerns and impacting its Chinese parent company, Wingtech.

ECONOMY

US and Taiwan Reach Landmark Trade Deal to Boost Semiconductor Investments

Friday, Jan 16

The US and Taiwan have finalized a trade deal lowering tariffs and channeling billions into the semiconductor industry.

WORLD NEWS

US Approves Conditional Export of Nvidia H200 AI Chips to China Amid Mixed Reactions

Thursday, Jan 15

US greenlights Nvidia H200 AI chip exports to China under strict conditions, drawing mixed reactions from lawmakers and concerns over national security.