Faster global financial news!
Nikkei Asia: Memory chip manufacturers' total profits surpassed tech giants like Alphabet for the first time last quarter, primarily driven by AI demand.
Nikkei Asia reported that the combined operating and net profits of the world's five leading memory chip suppliers, including Kioxia, Samsung, and Micron, surpassed those of five major U.S. tech companies such as Alphabet for the first time last quarter. This was primarily driven by AI-fueled demand for chips, with supply still unable to meet demand.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
-
2
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
-
3
The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
-
4
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
-
5
ETH inter-exchange spread reaches 1.11%
-
6
Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
-
7
SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
-
8
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
-
9
South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
-
10
CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
