Keyword → AI chip

SK Hynix Plans $29B Nasdaq ADR Listing on July 10 — HSBC Raises Price Target to 4 Million Won Ahead of Record Q2 Earnings

SK Hynix is scheduled to list its American depositary receipt on Nasdaq on July 10, targeting up to $29 billion in a deal that would give US investors direct access to the world's dominant high-bandwidth memory producer. HSBC raised its price target to 4 million won — a 20% premium above previous targets — citing improved shareholder returns and enhanced investor accessibility post-ADR. The company is expected to post Q2 operating profit of 64.44 trillion won on July 29, potentially its largest quarter ever.

Anthropic Explores Samsung 2nm Foundry Deal for Custom AI Chip — Samsung Foundry Backlog Targets 50 Trillion Won

Anthropic is in early-stage talks with Samsung Electronics to manufacture a custom AI chip using Samsung Foundry's 2-nanometer process and advanced packaging technology, according to The Information. The deal would add Anthropic to Samsung Foundry's growing AI client list alongside Tesla, Meta, and Nvidia. The development pressures Nvidia's dominant position in AI inference and signals a broader industry shift toward proprietary ASIC alternatives, echoing OpenAI's recent Broadcom 'Jalapeño' inference chip announcement.

SK Hynix Market Cap Hits $1.35B Trillion, Overtakes Samsung — First Change in Korea's Top Spot Since 2000

SK Hynix shares jumped 5.7% to push its market capitalization to roughly $1.35 trillion, briefly overtaking Samsung Electronics as South Korea's most valuable company for the first time in 26 years. The milestone reflects SK Hynix's dominant 61% share of the high-bandwidth memory market that supplies Nvidia's AI accelerators, with shares up more than 340% year-to-date. The move reinforces bullish sentiment toward US memory peer Micron Technology and AI infrastructure names.

Intel Surges 70% in 2026 as Terafab Partnership and Google AI Deal Cement Semiconductor Comeback

Intel has emerged as one of the S&P 500's most dramatic turnaround stories in 2026, with its stock gaining approximately 70% year-to-date after confirming its role in Elon Musk's Terafab AI chip megafab initiative and deepening a strategic AI partnership with Google Cloud. Analysts have raised price targets as high as $92, though the stock currently trades at a stretched forward P/E of around 94 times, reflecting high expectations for future earnings growth.

TSMC Posts 35% Revenue Surge in Q1, Powered by Insatiable AI Chip Demand Despite Middle East Turmoil

Taiwan Semiconductor Manufacturing Company reported Friday that first-quarter 2026 revenue surged 35% year over year to $35.71 billion, beating analyst forecasts as relentless demand for AI chips from Nvidia and Apple proved resilient through the opening weeks of the U.S.-Iran conflict — with March revenue alone jumping 45% annually, signaling no letup in the AI infrastructure buildout cycle.

Nvidia Expands Blackwell Ultra GPU Production to Meet Record AI Infrastructure Demand

Nvidia announced a major ramp-up in Blackwell Ultra GPU production, citing record orders from hyperscalers and sovereign AI programs worldwide. The company indicated Q1 2026 data center revenue is on pace to surpass the prior quarter's record, driving renewed momentum across the semiconductor supply chain from TSMC to Micron.

Nvidia CEO Jensen Huang Projects $1 Trillion in AI Chip Orders Through 2027 at GTC Conference

Nvidia CEO Jensen Huang delivered a landmark keynote at the company's GTC 2026 conference in San Jose, California, projecting at least $1 trillion in revenue from Blackwell and Vera Rubin AI chip orders through 2027. The announcement nearly doubled Huang's previous $500 billion forecast and sent Nvidia shares up roughly 2%, providing the strongest single-day catalyst for the broader semiconductor sector and reigniting bullish sentiment across the AI infrastructure trade.

Nvidia Chips Rally Ahead of GTC 2026 as Jensen Huang Teases 'World-Surprising' AI Chip

Nvidia shares gained approximately 1.6% Friday ahead of the company's marquee annual developer conference, GTC 2026, set to begin Monday in San Jose, California. CEO Jensen Huang has teased a 'world-surprising' chip announcement expected to center on the Vera Rubin AI architecture and the Feynman next-generation GPU platform, with Wall Street analysts broadly maintaining buy ratings and price targets implying substantial upside.

NVIDIA Commits $2 Billion to Nebius in AI Data Center Partnership Targeting 5 Gigawatts by 2030

NVIDIA announced a $2 billion strategic investment in Amsterdam-based AI cloud provider Nebius Group on Wednesday, deepening a partnership aimed at deploying more than 5 gigawatts of NVIDIA-powered AI infrastructure by the end of 2030. Nebius shares surged more than 10% on the news, as the deal reinforces NVIDIA's strategy of investing in companies that purchase its chips at hyperscale.