SK Hynix Inc. shares tumbled more than 11%, as the South Korean stock market resumed trading Friday after holidays during which Chinese startup DeepSeek shocked the AI world.Most Read from BloombergMa
SK Hynix's shares slumped, hit by the shock from Chinese artificial-intelligence startup DeepSeek as stock trading resumed in South Korea after a four-day holiday.
Asian markets mostly advanced on Friday, following gains in US equities as investors assessed Big Tech earnings.
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 quarterly profit record that beat a results estimate for rival Samsung.
South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.
Data watchdogs in South Korea and Ireland said Friday they would ask Chinese AI startup DeepSeek to clarify how it manages users' personal information, as governments from around the world turned a spotlight on the service.
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.
SK hynix, the world’s second-largest memory ... are drawing millions of views by peeling back the polished image of South Korea to reveal its lesser-known struggles.
The result compared with an 8 trillion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate. SK Hynix's quarterly opera
Data regulators in South Korea and Ireland announced on Friday they would seek clarification from Chinese AI startup DeepSeek on its handling
Ahead of the Lunar New Year holiday, the South Korea stock market had moved higher in two of three trading days since the end of the
South Korea will ask Chinese AI startup DeepSeek to clarify how it manages users' personal information, its data watchdog said Friday, joining a number of countries seeking answers. "We intend to submit our request in writing as early as Friday to obtain information about how DeepSeek handles personal data,