Chip slump erases $1.3 trillion in stock market value
World 14:49 06/06/2026U.S.-traded chipmakers plunged on Friday, losing about $1.3 trillion in market value, with deep losses in AI heavy hitters including Nvidia (NVDA.O), Micron Technology (MU.O) and Advanced Micro Devices (AMD.O), as Broadcom's (AVGO.O) weak report earlier this week reverberated across Wall Street.
Japan govt invests more in chipmaker Rapidus
World 17:09 05/06/2026TOKYO -- The Japanese government has invested 150 billion yen more in Rapidus Corp. to support the domestic chipmaker's efforts to produce cutting-edge semiconductors, industry minister Ryosei Akazawa said Friday.
Chip crunch: how the AI boom is stoking prices of less trendy memory
World 13:40 21/10/2025The global rush by chipmakers to produce AI chips is tightening supply of less glamorous chips used in smartphones, computers and servers, spurring panic buying by some customers and a surge in their prices, industry executives and analysts said.
