Icheon
S

SK HYNIX

Icheon, South Korea

infrastructureFounded 20260

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Technology company

Recent News

AI funding fears spark heavy selloff in Asian chip stocks

On July 28, 2026, Reuters reported a sharp selloff in Asian markets led by chipmakers as investors grew nervous about the massive funding needs of the AI boom. South Korea’s KOSPI plunged more than 8 percent, triggering a circuit breaker, while Samsung Electronics and SK Hynix fell up to about 11 percent amid worries over Nvidia’s potential $250 billion OpenAI financing guarantee and rising Chinese competition.

4h agoMarketScreener Australia (Reuters wire)
CXMT surges over 450 percent, becomes China’s top listed AI memory chipmaker

CXMT surges over 450 percent, becomes China’s top listed AI memory chipmaker

On July 27, 2026 shares of ChangXin Memory Technologies (CXMT) soared more than 450 percent in their Shanghai STAR Market debut, briefly making the DRAM maker the most valuable company listed on mainland Chinese exchanges. The IPO raised at least 8.6 billion dollars and underscores how AI driven demand for memory chips is boosting China’s efforts to build a self sufficient semiconductor stack.

19h agoEuronews (AP)
TMTPost Edge AI briefing tracks Anthropic chips and Google edge win

TMTPost Edge AI briefing tracks Anthropic chips and Google edge win

China’s TMTPost published its July 27 Edge AI Daily briefing from Beijing at 08:13 local time, highlighting Anthropic’s reported talks with SK Hynix and Samsung about custom chips, an ESP32 edge demo running a 28.9 million parameter model using Google’s PLE technique, rapid growth of ChatGPT Work versus Codex, and Meta FAIR’s open UMA atomic model for AI‑driven materials discovery. ([tmtpost.com](https://www.tmtpost.com/8080059.html))

1d agoTMTPost

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