Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. Japan's core inflation rate, a key indicator of national trends,
Most Asian markets rose on Friday following encouraging earnings updates from Apple and Intel. Seoul stocks underperformed amid a
The South Korean memory-chip maker posted stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.
SK Hynix soars to record profits driven by strong demand for its high-bandwidth memory (HBM) products used in AI applications.
SK's factory investment plan for high-bandwidth memory (HBM) chips this year also underwhelmed investors, analysts said. Before the result, SK Hynix shares had jumped about 30% this year on ...
SEOUL (Reuters) -South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double this year, after reporting a ...
European stocks are seen opening broadly lower on Friday despite Apple posting a record revenue and Intel beating earnings and
Tesla reported weaker-than-expected earnings. Shares were down shortly after the results were released. For the fourth quarter, Tesla announced earnings per share of 73 cents. Wall Street was looking for 75 cents,
In its earnings presentation, Tesla maintained its timeline for self-driving robotaxis. FSD is short for Full Self Driving, Tesla’s highest-level driver assistance feature. Tesla uses AI computing to train cars to drive themselves.
SK hynix has just posted its best-ever yearly earnings for 2024: $46.1 billion in sales, revenues increased by 102% thanks to HBM and AI demand.
Tesla Inc. disappointed investors on Thursday, reporting sales of 495,570 electric vehicles in the fourth quarter and of 1.789 million for all of 2024, falling slightly short of Wall Street ...
Shares of SK hynix, a major memory chip supplier to Nvidia, nose-dived on the Kospi bourse Friday as the market reopened for the first time this week, following the release of a low-cost AI model by Chinese startup DeepSeek.