Japanese semiconductor equipment maker, TEL, a leading IC/FPD/PV equipment supplier.
The weekend has seen a pause in Iran’s retaliatory strikes as talks with Oman progress on safe passage through the Strait of Hormuz. The US has held off further strikes, while Yemen’s Houthi actions have expanded and crude prices have eased from earlier spikes, though Brent remains above $90 a barrel.
A major earthquake has struck Kyushu, Japan, triggering a collapse at a shopping mall and a mill chimney, with dozens dead or missing. Power and water outages affect tens of thousands as temperatures rise. Rescuers are racing to reach survivors amid aftershocks and ongoing heat.
Tech shares across Asia buoyed by AI optimism, with notable gains in SK Hynix, Samsung, Kioxia, Advantest and TSMC as markets rebound from recent volatility and traders reassess AI investment momentum.
Global markets waver as AI-linked stocks retreat after OpenAI signals a potential year-end stock sale delay. SoftBank jumps on OpenAI ties; oil prices rise amid Middle East tensions. Wall Street edges lower as investors weigh safety over growth.
Global chip stocks have pulled back as investors weigh the cost of AI infrastructure against earnings and debt. SK Hynix and Samsung Electronics have fallen sharply in Korea, while SoftBank and Tokyo Electron face selling pressure in Japan amid broader tech declines tied to higher borrowing costs and inflation data.