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
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'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.
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 will ask Chinese startup DeepSeek how it manages users' personal information, Seoul's data watchdog said Friday, after the company launched its powerful new AI chatbot this week.
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.
Asian markets mostly advanced on Friday, following gains in US equities as investors assessed Big Tech earnings.
Employees complain SK hynix 'scapegoat' in SK Group's cost-cutting measures SK hynix, the world’s second-largest memory chip-maker, is under fire despite announcing hefty incentives for staff following record-high profits in 2024,
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
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
But SK Hynix told analysts its 2025 capital expenditure would rise only slightly from last year, with investments focusing on HBM production and new factories in South Korea. "SK Hynix’s ...