Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance 
Google Secures Pentagon AI Deal for Classified Projects 
GameStop Eyes eBay Acquisition as Stock Prices Surge After Hours 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
South Korea will invest 125.3 billion won this year to support the development of neural processors, high-performance and low-powered logic chips specializing in artificial intelligence (AI) services, up 75 percent from last year.
This year, South Korea's ICT ministry aims to support developing four AI chips while fostering 270 specialists in the sector.
The ministry added that it had earmarked 108.4 billion won for developing core technologies and 7.7 billion won for fostering top new companies in the sector.
South Korea made inroads in neural chip development last year, with mobile carrier SK Telecom Co. unveiling an AI chip for data centers.
The South Korean government plans to spend 1 trillion won until 2029 for developing next-generation chip technology, eyeing to get a 20 percent share of the global AI chip market by 2030.
