Chip Stocks Post Biggest Advance, Silicon Motion Earnings

Chip Stocks Post Biggest Advance, Silicon Mot...

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Big Tech Earnings Roll In,  Treasury Yields Spike After Fed Decision

Business and finance news from the Asia-Pacific.Microsoft Corp. climbed almost 9% in extended trading after reporting its fastest cloud-computing growth in four years. Samsung Electronics Co. rose over 1% after chip profit soared over 250-fold. Meta Platforms Inc., however, fell ...  Show more

SK Hynix Profit Misses Investors Lofty AI Expectations

Business and finance news from the Asia-Pacific. SK Hynix Inc. earmarked at least $31 billion in capital spending this year after reporting a six-fold surge in quarterly profit, a record outlay that coincides with growing fears about overinvestment in AI capacity. SK Hynix said i ...  Show more

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