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  • *SK Hynix says to build 2 new S.Korea plants by 2024. SEOUL, Aug 25- SK Hynix Inc, the world's No. 2 DRAM chip maker, on Tuesday said it plans to spend 31 trillion won to build two new chip plants in South Korea, aiming to update its production technologies to boost competitiveness. The memory chip industry has enjoyed robust profits in recent quarters, in part due to...

  • SEOUL, Aug 25- SK Hynix Inc, the world's No. 2 DRAM chip maker, on Tuesday said it plans to spend 31 trillion won to build two new chip plants in South Korea, aiming to update its production technologies to boost competitiveness. The firm, which competes with rivals including Samsung Electronics Co Ltd, Micron Technology Inc and Toshiba Corp, said the plants would be...

  • Aug 17- Tech licensing company Rambus Inc said it would start selling chips under its own brand, a move aimed at reducing its dependence on income from litigation to defend its patents. Instead of manufacturing the chips itself, Rambus will hire specialists to make them, the Wall Street Journal reported on Sunday, adding that commercial production would start...

  • China this week devalued its currency against the U.S. dollar, after more data showed its economic growth is slowing. Investors globally reacted harshly, dumping shares of companies with significant amounts of revenue derived from China, particularly automakers and luxury goods makers. "Longer term, we're still very bullish on China," Hau Thai- tang, head of...

  • China this week devalued its currency against the U.S. dollar, after more data showed its economic growth is slowing. Investors globally reacted harshly, dumping shares of companies with significant amounts of revenue derived from China, particularly automakers and luxury goods makers. "Longer term, we're still very bullish on China," Hau Thai- tang, head of...

  • Nvidia gaming power separates it from semi slump Monday, 10 Aug 2015 | 6:00 AM ET
    Visitors play video games using PCs during the Gamescom fair in Cologne, Germany, August 6, 2015.

    Wall Street was surprised on Friday as Nvidia beat and raised guidance significantly ahead of expectations. They shouldn't be.

  • Your first trade for Thursday Wednesday, 5 Aug 2015 | 6:16 PM ET

    The "Fast Money" traders give their final trades of the day.

  • BOSTON, July 31- Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in July and is now down 9 percent for the year after gold, one of the fund's top holdings, tumbled to five-year lows last week. A 23 percent drop in Micron Technology Inc, another one of Greenlight's top long positions, also hurt as did a 4 percent drop in Apple Inc's stock price,...

  • TAIPEI, July 23- China's Tsinghua Holdings is still discussing a potential deal to buy U.S. chipmaker Micron Technology Inc and hopes it could eventually go through, the state-backed investment company's chairman told Reuters on Thursday. Sources told Reuters earlier this week that Micron has dismissed an informal $23 billion offer from Tsinghua Unigroup, a...

  • TAIPEI, July 23- China's Tsinghua Holdings is still discussing a potential deal to buy U.S. chipmaker Micron Technology Inc and hopes it could eventually go through, the state-backed investment company's chairman told Reuters on Thursday. Xu Jinghong, chairman of Tsinghua Holdings, parent company of Tsinghua Unigroup, said it has not received any directive...

  • The 7 cheapest stocks in the market now Tuesday, 21 Jul 2015 | 9:09 AM ET
    American Airlines

    Among the S&P 500, seven names stand out for their remarkably low valuations. But that doesn't necessarily make them smart buys.

  • July 20- Micron Technology Inc has told China's Tsinghua Unigroup Ltd that its $23 billion acquisition offer is not realistic because U.S. authorities would block the deal due to national security concerns, according to people familiar with the matter. The Boise, Idaho- based chipmaker thinks that an acquisition by Tsinghua would not be approved by the U.S....

  • Nasdaq closes at record as Street cheers earnings Thursday, 16 Jul 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed near highs as investors focused on earnings beats amid progress towards near-term resolution in the Greek debt crisis.

  • Senator John McCain on Wednesday raised concerns about the potential national security implications of a proposed bid by China's Tsinghua Unigroup Ltd's to acquire U.S. chip maker Micron Technology Inc, and called for a thorough U.S. review. "I am concerned by the potential national security implications of a planned bid by a Chinese state-owned enterprise...

  • Senator John McCain on Wednesday raised concerns about the potential national security implications of a proposed bid by China's Tsinghua Unigroup Ltd's to acquire U.S. chip maker Micron Technology Inc, and called for a thorough U.S. review. "I am concerned by the potential national security implications of a planned bid by a Chinese state-owned enterprise...

  • TAIPEI, July 15- Taiwan stocks rose slightly on Wednesday amid caution ahead of the release of fresh economic data in China. China, a key trading partner for Taiwan, is expected to post its weakest growth since the global financial crisis, which together with a stock market rout raises pressure on authorities to do more to stir the economy after a run of stimulus...

  • WASHINGTON/ SAN FRANCISCO July 14- A Chinese state-backed company's plan to buy U.S. chip maker Micron Technology faces no shortage of obstacles- questions about the price, worries on Capitol Hill, an aggressive regulator- and any one of them could torpedo the deal. But China's critics on Capitol Hill worried about the impact on the Defense Department.

  • Cramer Remix: Wake up or you'll miss these stocks Tuesday, 14 Jul 2015 | 7:21 PM ET
    Jim Cramer on Mad Money.

    Jim Cramer calls out the biotech winners that are trading higher in this market.

  • Cramer: Lightning could strike again on these Tuesday, 14 Jul 2015 | 6:34 PM ET
    A booth of Micron Technology at an industrial fair in Frankfurt, Germany, July 14, 2015.

    Jim Cramer saw signs of life Tuesday in many stocks of the S&P that have been considered bottom feeders.

  • *JPMorgan profit beats estimates; Wells Fargo revenue misses. Oil prices were initially lower on concerns a deal between Iran and six global powers would result in more supply, but turned higher after it became apparent sanctions on Tehran's crude exports would not be removed immediately. The S&P energy sector advanced 0.8 percent, led by a 0.8 percent gain in...