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Korea's chipmakers prepare big U.S. deals in Silicon Valley

Korea's chipmakers prepare big U.S. deals in Silicon Valley

Samsung Electronics and SK Hynix are preparing to unveil major supply agreements with American technology companies during President Lee Jae Myung’s visit to Silicon Valley. The negotiations behind these deals have been running for months. What changed is the venue, and that detail says something ...

Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers

Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers

By Max A. Cherney and Heekyong Yang SAN FRANCISCO/SEOUL, July 24 (Reuters) - South Korea announced $950 billion in new AI initiatives involving Samsung Electronics, SK Group and U.S. tech firms as global AI leaders rush to fill a shortage of faster chips to power and develop more advanced systems.

South Korea President Lee hosts US tech summit, calls for new AI era

South Korea President Lee hosts US tech summit, calls for new AI era

South Korea President Lee looking to open new era of AI in with global tech companies

South Korea President Lee looking to open new era of AI in with global tech companies

Stocks edge higher while crude oil prices fall for the first time in a week

Stocks edge higher while crude oil prices fall for the first time in a week

Stocks are edging higher on Wall Street and oil prices are falling for the first time in a week, even as heavy fighting in the Middle East again threatened to slow the global flow of oil

World shares are mixed and oil prices fall, markets in Asia skid in sell-off of AI-related shares

World shares are mixed and oil prices fall, markets in Asia skid in sell-off of AI-related shares

World shares are mixed and markets in Asia have skidded, after Brent oil shot to its highest price since May as heavier fighting in the Middle East again threatened to slow the global flow of crude

South Korea's Tech Rally Faces Challenges Amid AI Market Shifts

South Korea's Tech Rally Faces Challenges Amid AI Market Shifts

South Korea's Tech Rally Faces Challenges Amid AI Market Shifts

Asian shares are mostly higher and Mideast tensions push Brent crude past $96

Asian shares are mostly higher and Mideast tensions push Brent crude past $96

Asian shares are mostly higher, while the intensifying war with Iran pushed Brent crude past $96 a barrel

China’s memory chip makers ride AI boom to new power — and U.S. scrutiny

China’s memory chip makers ride AI boom to new power — and U.S. scrutiny

SINGAPORE, July 24 (Reuters) - For months, Chinese chip manufacturer ChangXin Memory Technologies (CXMT) had been hiking prices on Huawei, one of the country’s biggest technology companies.

Asian shares are mostly higher and Mideast tensions push Brent crude past $97

Asian shares are mostly higher and Mideast tensions push Brent crude past $97

Asian shares are mostly higher, while the intensifying war with Iran pushed Brent crude past $97 a barrel

Asian stocks rise after US tech earnings, oil at six-week highs

Asian stocks rise after US tech earnings, oil at six-week highs

By Ankur Banerjee SINGAPORE, July 23 (Reuters) - Asian stocks rose on Thursday after U.S. technology firms outlined significant capital spending plans that are likely to benefit chipmakers in the region, while the escalating war in the Middle East sent oil prices to six-week highs.

Shares skid in Asia in sell-off of AI-related shares as Brent oil tops $100 per barrel

Shares skid in Asia in sell-off of AI-related shares as Brent oil tops $100 per barrel

Shares have skidded in Asia after Brent oil shot to its highest price since May as heavier fighting in the Middle East again threatened to slow the global flow of crude