Artificial Intelligence

Nvidia halves Asia buyer list in China chip crackdown, steps up due diligence: report

Chinese exporters got a boost as US retailers brought forward orders by four to six weeks to stock up for Black Friday and Christmas sales.

China’s June trade beats forecasts, buoyed by AI boom, but domestic demand remains weak

Close to 70 per cent of the Singapore investors surveyed use AI to support their research and analysis, according to the HSBC study.

Singapore investors leverage AI for research but rely on human advisers to decide: HSBC study

China’s vaunted AI prowess is concealing deep rot elsewhere in its economy.

AI is not enough to arrest China’s decline

Samsung Electronics’ reported preliminary quarterly profit surged 1,900% year on year thanks to AI-driven demand for its products.
THINKING ALOUD

‘Wage envy’ between AI workers and their peers is a corporate time bomb

The declines in SK Hynix’s shares, alongside those of rival chipmaker Samsung Electronics, contributed to a 9 per cent plunge in South Korea’s Kospi, triggering a 20-minute trading halt.

SK Hynix plunges after Nasdaq debut amid diminishing earnings optimism

The median S&P 1500 Composite Index constituent is generating earnings per share growth of over 10%, the best performance since the post-Covid recovery. 

Morgan Stanley sees Q2 profit boost for non-tech stocks ahead of earnings

The government said that three “mega projects” – investments in chips, AI data centres and physical AI – would receive top fiscal priority.

South Korea flags record 2027 budget of over US$530 billion as AI chip boom lifts revenues

Samsung Electronics plans to start operations in its plant in Yongin in 2029, one to two years’ ahead of schedule.

Samsung Electronics to advance start of chip factory in Yongin to 2029