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South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing

SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the world’s […]

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‘A lot of red flags’: plans for New Zealand’s first datacentre spark concern as locals demand greater transparency

Plans to build a NZ$3.5bn datacentre in Makarewa in the country’s south has drawn concern about electricity and water use, and potential noise pollutionPeople living near the site of New Zealand’s first planned AI datacentre are calling for more transparency about the project, especially about how the centre’s huge electricity and water use and potential

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China wants to solve the hardest problem in robotics – making hands

Race to develop ‘embodied AI’ focuses on creating dextrous hands to transform humanoid robots from gimmicks into useful productsHuman hands – nimble, nerve-filled appendages that are the most flexible part of the human skeleton – are exceptionally complex. Many tasks that most people can do largely without thinking, from tying a pair of shoelaces to

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3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom

Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profitsWhen South Korea’s most high-profile divorce case returned to court last month, the lawyers were arguing not just about the breakdown of a relationship, but also the exact

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Shares in chipmakers underpinning AI boom rocket in first half of 2026

Value of some chip manufacturers have tripled, or more, driving Asia Pacific stock markets sharply higherShares in chipmakers have surged in the first half of this year as investors piled into companies that make the hardware underpinning the AI boom, according to analysis.Investors have driven up the value of semiconductor and memory chip manufacturers, whose

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Inspired by Ukraine, and worried by China: Taiwan teaches its citizens how to fly drones

Ordinary Taiwanese, young and old, are joining courses to learn how to fly drones amid looming China military threatIn a small, crowded room in Taipei, Pan Chien-chin is trying to keep a drone hovering steadily. Imagining himself flying a plane, he gently nudges controller joysticks to guide the insect-like device as it hums through the

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EU proposes to block foreign providers using ‘kill switch’ to disrupt vital tech across Europe

European Commission aims to reduce ‘risky dependencies’ on foreign suppliers in cloud computing, AI and semiconductor productionThe EU executive wants to ensure no foreign government or company has access to a “kill switch” to turn off or disrupt vital tech services across the continent, as part of an effort to cut dependencies on the US

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Chip, chip … boom? South Korea tech makers join the trillion-dollar club but some fear a short-circuit looms

South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakersSouth Korea has leapfrogged India to become the world’s sixth largest share market, leaving equity markets in the UK, Germany and France trailing in its dust. But despite the runaway

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Chinese court awards compensation to sacked worker replaced by AI

Case attracts widespread attention as example of China balancing enthusiastic adoption of AI with job securityA court in China has ruled in favour of a worker whose company replaced him with artificial intelligence (AI), awarding him more than £28,000 in compensation.The worker, whose surname is Zhou, joined a tech company in the eastern city of

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Nvidia’s Jensen Huang joins Trump as tech dominates China trip

Invitation to be part of group including Elon Musk and Tim Cook highlights American AI and tech ambitionsThe billionaire chief executive of the chipmaker Nvidia, Jensen Huang, has joined Donald Trump’s China delegation after a reported last-minute invitation, highlighting the US’s AI and tech ambitions.Huang will join a roster of US bosses including the Tesla

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