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Global tech sell-off spreads to Europe as shares fall

Global tech sell-off spreads to Europe as shares fall

Signage at the Broadcom Inc. headquarters in San Jose, California, June 2, 2025. David Paul Morris | Bloomberg | Getty Images European stocks followed global peers lower on Friday as investors monitor a global sell-off in chipmaking tech names. Shortly after the opening bell, the pan-European Stoxx 600 index opened down 0.2%. London’s FTSE 100 … Read more

South Korea labor minister calls on tech firms to share excess AI profits with suppliers, staff: Reuters

South Korea labor minister calls on tech firms to share excess AI profits with suppliers, staff: Reuters

Kim Young-hoon, former leader of the Korean Confederation of Trade Unions and current ITX train driver who is nominated as Minister of Employment and Labor, arrives at his confirmation hearing preparation office at the Seoul Regional Employment and Labor Office in Jung District, Seoul, South Korea, on June 24, 2025. (Photo by Chris Jung/NurPhoto via … Read more

SoftBank’s shares are down 10% amid broader tech sell-off

SoftBank’s shares are down 10% amid broader tech sell-off

CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit … Read more

Leveraged ETF assets double in two months as investors press AI bet

Leveraged ETF assets double in two months as investors press AI bet

Traders work at the New York Stock Exchange on May 28, 2026. NYSE Assets in leveraged ETF nearly doubled over two months, as investors scrambled for maximum exposure to the artificial intelligence trend. “Investors increasingly use leveraged instruments linked to the ‘AI-trade’ – assets in leveraged ETFs linked to AI and Tech themes have surged, … Read more

SK Hynix hits $1 trillion valuation as AI boom lifts South Korean chip stocks

SK Hynix hits  trillion valuation as AI boom lifts South Korean chip stocks

The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in Seoul on April 22, 2026. Jung Yeon-je | Afp | Getty Images Shares of SK Hynix jumped more than 11% on Wednesday, lifting the South Korean chipmaker’s market capitalization above $1 trillion as investors continued to pile … Read more

Micron hits $1 trillion market cap for the first time as stock surges 18%

Micron hits  trillion market cap for the first time as stock surges 18%

Jonathan Raa | Nurphoto | Getty Images Micron topped a $1 trillion market value for the first time on Tuesday as shares popped 18%, driven by insatiable artificial intelligence demand for its memory chips. The stock surge came as UBS tripled its price target on the stock from $535 to $1,625 a share, citing long-term … Read more

Beware the boom and bust cycle of memory stocks, investors warn amid AI excitement

Beware the boom and bust cycle of memory stocks, investors warn amid AI excitement

A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images London — Outsized returns for memory-related stocks have helped fuel substantial gains in U.S. and South Korean equity markets in recent years — but … Read more

AI wealth must benefit the public, South Korea’s deputy PM says amid Samsung labor tensions

Micron hits  trillion market cap for the first time as stock surges 18%

Bae Kyung-Hoon, South Korea’s science and ICT minister, speaks during a memorandum of understanding signing ceremony in Seoul, South Korea, on Monday, April 27, 2026. Google DeepMind is teaming up with South Korea on the country’s K-Moonshot project, which uses AI to solve complex scientific problems. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg … Read more

‘Massive outperformance’: Goldman Sachs on why North Asian stocks are beating those in the south

Micron hits  trillion market cap for the first time as stock surges 18%

An employee smiles while looking at her mobile phone in front of a digital board showing the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange (KRX) in Seoul, South Korea, on April 21, 2026. Chris Jung | Nurphoto | Getty Images North Asian markets are outperforming those in the south of the continent, … Read more

South Korea says it will pursue all options to avoid Samsung strike

South Korea says it will pursue all options to avoid Samsung strike

TOPSHOT – Members of the Samsung Electronics labour union hold signs reading “Change it to be transparent!” as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company’s foundry and semiconductor factory in Pyeongtaek on April 23, 2026. (Photo by Jung Yeon-je / AFP via Getty Images) Jung … Read more

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