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YMTC Plans New NAND Factory with Over 300 Memory Layers, Increasing Reliance on Chinese Manufacturing Technology

YMTC Plans New NAND Factory with Over 300 Memory Layers, Increasing Reliance on Chinese Manufacturing Technology

YMTC Plans New NAND Factory with Over 300 Memory Layers, Increasing Reliance on Chinese Manufacturing Technology

Exclusive-Chipmaker YMTC's IPO on hold as China tightens share sale approvals, sources say

Exclusive-Chipmaker YMTC's IPO on hold as China tightens share sale approvals, sources say

Nov 4 (Reuters) - Flash-memory chipmaker Yangtze Memory Technologies Co has put its Shanghai IPO on hold, according to a company memo and three people with knowledge of the matter, as Beijing tightens approval for share sales in a struggling stock market.

Asia stocks tumble after AI rout rocks US markets

Asia stocks tumble after AI rout rocks US markets

By Ankur Banerjee SINGAPORE, Nov 6 (Reuters) - A rout in Asia's tech-heavy markets deepened on Friday as fear of increased regulatory scrutiny and a slowdown in AI build-out precipitated the steepest decline in US stocks since the tariff-triggered "Liberation Day" selloff in April 2025.

Stocks tumble as AI panic sweeps markets, bonds draw haven demand

Stocks tumble as AI panic sweeps markets, bonds draw haven demand

By Ankur Banerjee and Tom Westbrook SINGAPORE, Nov 6 (Reuters) - A steep rout in technology stocks on Friday rippled through markets on fears that the Democrats' victory in the US midterm elections would increase regulatory scrutiny of AI and slow the data centre build-out, sending investors to the

Exclusive-Nvidia chips pile up in Hong Kong as China withholds import approval

Exclusive-Nvidia chips pile up in Hong Kong as China withholds import approval

Nov 5 (Reuters) - About 600,000 of Nvidia's advanced artificial intelligence chips are stored in Hong Kong awaiting shipment to mainland China, two people familiar with the matter said, as Beijing withholds approval for large-scale imports despite demand from technology firms.

Nvidia chips pile up in Hong Kong as China withholds import approval

Nvidia chips pile up in Hong Kong as China withholds import approval

Nov 5 (Reuters) - About 600,000 of Nvidia's advanced artificial intelligence chips are stored in Hong Kong awaiting shipment to mainland China, two people familiar with the matter said, as Beijing withholds approval for large-scale imports despite demand from technology firms.

AI stocks keep falling, as oil prices and bond yields steady following their post-election slides

AI stocks keep falling, as oil prices and bond yields steady following their post-election slides

U.S. stocks are mixed, as AI chip companies fall again while AppLovin and Tapestry rally after reporting stronger profits than analysts expected

Asian shares are mixed after US midterm elections as AI-related stocks sink in Japan and South Korea

Asian shares are mixed after US midterm elections as AI-related stocks sink in Japan and South Korea

Shares are mixed in Asia as heavy selling of AI-related stocks offset gains for some markets following the U.S. midterm elections

World shares mostly gain after US midterm elections as AI-related stocks sink

World shares mostly gain after US midterm elections as AI-related stocks sink

World shares are mostly higher though heavy selling of artificial intelligence-related stocks offset gains for some markets following the U.S. midterm elections

Morning Bid: AI's reality check

Morning Bid: AI's reality check

A look at the day ahead in European and global markets from Tom Westbrook Investors abandoned the chipmakers at the vanguard of the AI revolution on Friday, with margin calls rippling across Asia and bonds surging as the tech bets that have defined the year in financial markets came spectacularly

Investors wipe $2.5 trillion off Nasdaq as blue tsunami prompts AI fears

Investors wipe $2.5 trillion off Nasdaq as blue tsunami prompts AI fears

By Niket Nishant and Caroline Valetkevitch Nov 5 (Reuters) - Tech-led Nasdaq notched its deepest one-day drop since ‘Liberation Day’ in April 2025, wiping out trillions in market value on fears of more AI scrutiny, particularly on data center construction, after Democrats won big in US midterm

SoftBank credit risk jumps to 4-year high as AI fears roil market

SoftBank credit risk jumps to 4-year high as AI fears roil market

SINGAPORE/TOKYO, Nov 6 (Reuters) - The cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI profitability roiled the world's financial markets.