Search results for Philadelphia Semiconductor Index
Finance
ETF net assets fall nearly 57 trillion won as stocks slump; single-stock leverage swings
South Korea\'s total ETF net assets fell by nearly 57 trillion won after the domestic stock market slumped following the listing of single-stock leveraged ETFs tied to Samsung Electronics and SK Hynix. Net assets of the 16 related leveraged and inverse products rose from about 4.4 trillion won on launch day to 17.6 trillion won before falling to about 9.92 trillion won. Financial authorities tightened rules, while investors increased net purchases of U.S. stocks.
Industry
Samsung, SK and Naver chiefs to meet Nvidia\'s Jensen Huang in Silicon Valley this week
The heads of Samsung Electronics, SK and Naver are set to meet Nvidia CEO Jensen Huang in the United States this week, industry officials said. The roundtable near Silicon Valley is likely on July 24, with possible participation by OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei. Talks are expected to cover HBM supply, chip foundry work and cooperation linked to AI infrastructure, including Naver’s AI factory plan.
Finance
KOSPI returns above 7,000 after four sessions; buy sidecar triggered for second straight day
South Korea\'s KOSPI returned above the 7,000 level for the first time in four sessions, lifted by a sharp rise in U.S. semiconductor shares and buying by foreign and institutional investors. The benchmark was up 5.68 percent at 7,130.95 as of 9:04 a.m. A buy sidecar was triggered in the main board market at 9:06 a.m., the second straight trading day, halting program buy orders for five minutes.
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Crypto
Bitmine\'s Tom Lee says Ethereum will benefit from AI adoption
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Finance
KOSPI slumps more than 6 percent to 6,800; semiconductor shares sold off again
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Finance
KOSPI surges nearly 5 percent, triggers 17th buy sidecar of year
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Finance
KOSPI rebounds more than 3 percent to reclaim 7,500 level on bargain hunting
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Finance
KOSPI opens down more than 2 percent on semiconductor correction fears
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Finance
KOSPI slides more than 6 percent, triggers 30th sidecar this year
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AI & Enterprise
Big Short\'s Michael Burry resumes Tesla short, targets Nvidia and semiconductor ETF
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Finance
Korean retail investors turn net buyers of U.S. stocks after 3 months on SpaceX listing
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AI & Enterprise
Magnificent 7 market value down $2.3 trillion in June as AI investment doubts grow
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AI & Enterprise
Nvidia too as U.S. AI, semiconductor stock rout sends global tech shares tumbling
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Finance
Korean stocks look to U.S. FOMC for direction after wild swings
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Crypto
SpaceX, Anthropic and OpenAI IPO wave raises questions over bitcoin fund flows
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Finance
Black Monday on semiconductor shock as KOSPI, Kosdaq trigger trading halts
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Finance
KOSPI slumps more than 8 percent at open, breaks below 8,000 on semiconductor shock
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Finance
SpaceX IPO nears; will Korean stocks weather semiconductor volatility