Semiconductor shares from Asia to Europe rose sharply on Tuesday after Nvidia unveiled a $100 billion partnership with OpenAI to build massive Artificial Intelligence (AI) systems requiring millions of processors.
Nvidia said the investment will supply OpenAI with computing systems demanding 10 gigawatts of power — the equivalent of between 4 million and 5 million of its high-performance graphics processing units (GPUs). Chief executive Jensen Huang called it one of the largest infrastructure buildouts in AI history.
The announcement drove a surge in semiconductor shares worldwide. In Taiwan, contract manufacturer TSMC, which produces chips for Nvidia, gained 3.5%. In South Korea, SK Hynix, a key supplier of memory chips for Nvidia’s systems, rose 2.5%, while Samsung Electronics advanced 1.4% amid speculation it may soon secure supply approval for Nvidia’s high-bandwidth memory.
Tokyo Electron in Japan also closed higher, reflecting demand for chipmaking equipment.
In Europe, STMicro, Infineon and BE Semiconductor rose in early trade, though the gains were tempered after ASM International warned of weaker fourth-quarter revenue, dragging its shares and those of peer ASML lower.
The agreement adds to Nvidia’s dominance in AI computing, as demand for generative AI continues to push chipmakers and equipment suppliers into record territory.
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Ukrainian President Volodymyr Zelenskyy said on Friday that allied supplies of air defence systems and missiles were insufficient as Russia prepares n...
Mongolia has introduced a new decree to strengthen traditional Mongolian medicine and expand its international profile....
Poland plans to expand its armed forces to 500,000 by 2039, including 300,000 active-duty troops and 200,000 reservists, officials said Friday. The en...
Kyiv is facing its most severe wartime energy crisis, with the capital receiving only about half the electricity it needs, Mayor Vitali Klitschko told...
Ukrainian President Volodymyr Zelenskyy said on Friday that allied supplies of air defence systems and missiles were insufficient as Russia prepares new large-scale attacks.
Poland plans to expand its armed forces to 500,000 by 2039, including 300,000 active-duty troops and 200,000 reservists, officials said Friday. The enlarged force would feature a new high-readiness reserve unit.
Kyiv is facing its most severe wartime energy crisis, with the capital receiving only about half the electricity it needs, Mayor Vitali Klitschko told Reuters on Friday.
White House announced on Friday the formation of a technocratic committee to oversee the transition of power in the Gaza Strip as part of President Donald Trump's 20-point plan to end the conflict in the territory.
At least four people were injured after a large fire and explosions hit a residential building in the Dutch city of Utrecht, authorities said.
A railway power outage in Tokyo disrupted the morning commute for roughly 673,000 passengers on Friday (16 January) as two main lines with some of the world's busiest stations were halted after reports of a fire.
Iran reopened its airspace late on Wednesday after a near five-hour closure that disrupted airline traffic, amid heightened concerns over possible military escalation involving the United States.
Russian President Vladimir Putin has warned that the international situation is worsening and that the world is becoming more dangerous, while avoiding public comment on events in Venezuela and Iran.
A SpaceX capsule carrying a four-member crew home from orbit in an emergency return to earth necessitated by an undisclosed serious medical condition afflicting one of the astronauts splashed down safely early on Thursday (15 January) in the Pacific Ocean off California.
The UK economy grew more strongly than expected in November, according to official figures, offering signs of resilience after months of weak performance.
China recorded the world’s largest-ever trade surplus in 2025, reaching $1.2 trillion as exporters shifted focus away from the U.S. amid ongoing trade tensions.
A coalition of women’s rights organisations, technology watchdogs and progressive campaigners is urging Apple and Google, owned by Alphabet, to remove the social media platform X and its associated chatbot, Grok, from their app stores.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
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