AI boom
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financeChina's AI Boom Widens Economic Divide, Advisers Urge Consumer Fix
China's government advisers warn that surging AI and tech sectors are failing to boost consumer spending, creating a two-speed economy that requires new policy solutions.
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financeSouth Korea's KOSPI Plunges Over 8% in Global Tech Sell-Off
A sharp sell-off in Asian tech stocks triggered a trading halt in Seoul, mirroring Wall Street losses and raising questions about the AI investment boom.
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cryptoBitcoin Maxis Unfazed by $200B Crash, Blame AI Boom for Capital Exodus
Bitcoin purists dismiss the recent crash as a temporary liquidity crunch caused by AI's capital draw, not a fundamental flaw in the crypto.
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financeGlobal Equity Fund Inflows Hit 3-Week High on AI Optimism
Global equity funds attracted $21.44B in net inflows, led by tech and European funds, as AI sentiment drives markets.
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financeMicron Surpasses $1 Trillion Market Cap Fueled by AI Memory Demand
Micron Technology hits $1T market cap, driven by AI boom and Nvidia partnership, with HBM production sold out through 2026.
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financeWall Street Nears Record Highs, Fueled by AI Boom
The S&P 500, Dow, and Nasdaq edge higher as AI chip stocks surge, with Marvell Technology and Hewlett Packard Enterprise leading gains.
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techMicron Hits $1 Trillion Market Cap on AI-Driven Memory Chip Boom
Micron Technology becomes the latest US chipmaker to join the trillion-dollar club, fueled by surging demand for memory chips in AI data centers.
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techNvidia’s $80B Buyback Bet on AI’s Staying Power
Nvidia authorizes an additional $80 billion in buybacks, signaling deep conviction in sustained AI demand.