President Xi Jinping is expected to visit North Korea as early as next week, Yonhap news agency has reported, as Beijing and Pyongyang’s long-standing ties have grown warmer in recent months. “We have obtained intelligence indicating that President Xi Jinping will visit North Korea soon,” the South Korean agency said, citing a government source. Another government official told Yonhap that Xi migh...
President Xi Jinping is expected to visit North Korea as early as next week, Yonhap news agency has reported, as Beijing and Pyongyang’s long-standing ties have grown warmer in recent months. “We have obtained intelligence indicating that President Xi Jinping will visit North Korea soon,” the South Korean agency said, citing a government source. Another government official told Yonhap that Xi might visit North Korea later this month or early next month. A separate source said the Chinese leader could seek to mediate relations between North Korea and the United States, it said. Advertisement The expected trip to Pyongyang comes after Foreign Minister Wang Yi travelled to the North Korean capital last month , meeting not only its top diplomat Choe Son-hui but also the country’s leader, Kim Jong-un. As North Korea’s primary economic and political partner, China has been working with Pyongyang to restore a relationship that weakened during the Covid-19 pandemic. China’s Xi hails ‘fruitful’ talks with Russia’s Putin #xitrumpsummit Kim visited Beijing last year, where he appeared with Xi and Russian President Vladimir Putin during a significant military parade.
Taiwan Semiconductor Manufacturing Co Ltd shares have extended their 2026 rally after fresh insider buying and a target price increase from Barclays, keeping the world’s largest contract chipmaker in focus for US investors. Taiwan Semiconductor Manufacturing Co Ltd, better known as TSMC, remains in the spotlight after its New York–listed shares climbed following recent insider share purchases and ...
Taiwan Semiconductor Manufacturing Co Ltd shares have extended their 2026 rally after fresh insider buying and a target price increase from Barclays, keeping the world’s largest contract chipmaker in focus for US investors. Taiwan Semiconductor Manufacturing Co Ltd, better known as TSMC, remains in the spotlight after its New York–listed shares climbed following recent insider share purchases and a target price hike from Barclays, which reiterated an “overweight” stance and lifted its price objective to 470 USD in a note reported on 05/20/2026 by MarketBeat as of 05/20/2026. The stock was recently quoted around 401.74 USD on the NYSE, up about 2.3% on the day according to data compiled by MarketBeat as of 05/20/2026. As of: 05/21/2026 By the editorial team – specialized in equity coverage. At a glance Name: TSMC TSMC Sector/industry: Semiconductors, foundry services Semiconductors, foundry services Headquarters/country: Hsinchu, Taiwan Hsinchu, Taiwan Core markets: Global smartphone, high-performance computing and automotive chips Global smartphone, high-performance computing and automotive chips Key revenue drivers: Advanced logic process nodes and long-term foundry contracts Advanced logic process nodes and long-term foundry contracts Home exchange/listing venue: Taiwan Stock Exchange and NYSE (ADR: TSM) Taiwan Stock Exchange and NYSE (ADR: TSM) Trading currency: New Taiwan dollar in Taipei, US dollar on NYSE Taiwan Semiconductor Manufacturing Co Ltd: core business model Taiwan Semiconductor Manufacturing Co Ltd operates as a pure-play semiconductor foundry, producing chips on behalf of fabless designers and integrated device makers. The group does not market its own branded chips; instead, it focuses on high-volume, high-yield manufacturing for customers in smartphones, data centers, PCs and automotive electronics, according to its corporate profile published on 03/28/2026 by TSMC as of 03/28/2026. By concentrating capital and engineering resources on manufacturi...
The AI semiconductor supercycle is rewriting the playbook for Asia's two most chip-dependent stock markets, with ripple effects reaching into crypto infrastructure. Korea’s KOSPI and Taiwan’s Taiex have surged to historic highs, propelled almost entirely by a single force: insatiable global demand for AI chips. At the center of this rally sit three companies. Samsung Electronics, SK Hynix, and Tai...
The AI semiconductor supercycle is rewriting the playbook for Asia's two most chip-dependent stock markets, with ripple effects reaching into crypto infrastructure. Korea’s KOSPI and Taiwan’s Taiex have surged to historic highs, propelled almost entirely by a single force: insatiable global demand for AI chips. At the center of this rally sit three companies. Samsung Electronics, SK Hynix, and Taiwan Semiconductor Manufacturing Co. (TSMC) have collectively become the gravitational core of their respective indices, pulling entire national markets upward as data centers, cloud providers, and AI labs scramble to secure next-generation silicon. The numbers behind the boom Samsung Electronics has crossed a $1 trillion market capitalization, driven by surging demand for its AI-oriented semiconductor products. Samsung and SK Hynix together account for 38.2% of the KOSPI’s total market capitalization. Advertisement The KOSPI itself has hit a record high of 4,457.52. Goldman Sachs has gone even further, projecting the index could reach 8,000 if the AI chip cycle continues to accelerate. Across the Taiwan Strait, the Taiex index has punched through 30,000, fueled by optimism around TSMC’s dominant position in advanced semiconductor fabrication. TSMC manufactures the most cutting-edge AI accelerators for Nvidia and other designers. Both South Korean and Taiwanese equities are leading global markets in year-to-date performance, driven almost exclusively by AI excitement. Why chips are the new oil Samsung and SK Hynix dominate the HBM market, which is the memory architecture that AI accelerators like Nvidia’s H100 and B200 require in massive quantities. TSMC, meanwhile, is the only foundry capable of manufacturing chips at the 3-nanometer and upcoming 2-nanometer nodes at scale. What this means for crypto investors Several crypto-native projects are building decentralized GPU marketplaces and AI compute networks that rely directly on the hardware Samsung, SK Hynix, and TSMC prod...
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NVIDIA (NASDAQ:NVDA - Get Free Report) declared that its board has approved a stock repurchase program on Wednesday, May 20th, RTT News reports. The company plans to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's ...
NVIDIA (NASDAQ:NVDA - Get Free Report) declared that its board has approved a stock repurchase program on Wednesday, May 20th, RTT News reports. The company plans to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued. Get NVIDIA alerts: Sign Up Wall Street Analysts Forecast Growth A number of analysts have issued reports on the stock. Tigress Financial reiterated a "strong-buy" rating and set a $360.00 price target (up from $350.00) on shares of NVIDIA in a research note on Thursday, March 5th. Sanford C. Bernstein reiterated a "buy" rating on shares of NVIDIA in a research note on Friday, April 17th. Robert W. Baird raised their price target on shares of NVIDIA from $275.00 to $300.00 and gave the company an "outperform" rating in a research report on Thursday, February 26th. Needham & Company LLC reissued a "buy" rating and issued a $240.00 price target on shares of NVIDIA in a research report on Wednesday, March 18th. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of NVIDIA in a research report on Wednesday. Four analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $279.06. Get Our Latest Stock Report on NVIDIA NVIDIA Stock Up 1.3% NVIDIA stock traded up $2.86 during trading on Wednesday, reaching $223.47. The stock had a trading volume of 177,901,758 shares, compared to its average volume of 156,568,368. NVIDIA has a 52-week low of $129.16 and a 52-week high of $236.54. The business has a 50 day moving average price of $194.82 and a 200 day moving average price of $188.75. The company has a quick ratio of 3.24, a c...
AMD's Ryzen AI Halo developer platform offers strong Agentic AI capabilities & "leadership" token/$ value with its Halo chips, and will be available for pre-order this June. AMD Ryzen AI Halo Pre-Orders Open Up In June For $3999, $680 Lower Than NVIDIA's Spark Today, AMD is finally lifting the pricing and availability details of its Ryzen AI Halo developer platform, which was first announced at CE...
AMD's Ryzen AI Halo developer platform offers strong Agentic AI capabilities & "leadership" token/$ value with its Halo chips, and will be available for pre-order this June. AMD Ryzen AI Halo Pre-Orders Open Up In June For $3999, $680 Lower Than NVIDIA's Spark Today, AMD is finally lifting the pricing and availability details of its Ryzen AI Halo developer platform, which was first announced at CES 2026, followed by a recent tease at its AI Dev Day. 2 of 9 But before that, let's talk a little bit about the platform itself and its major highlights, which are listed below: The new AMD Ryzen AI Halo capably runs models of up to 200 billion parameters, allowing developers to build, test, and operate agentic AI applications locally; pre-orders begin June 2026. Up to 128GB of unified system memory, AMD ROCm software optimization, and Windows and Linux support give developers using AMD Ryzen AI Halo the headroom to run AI models on the device. AMD Ryzen AI Max PRO 400 Series processors combine AI, graphics, and compute in a single architecture for professional workloads on next-generation Agent Computers and workstation-class systems. AMD Ryzen AI Max PRO 400 Series processors power commercial AI PCs that handle advanced AI and visual computing on a single system, reducing the need for discrete GPUs or cloud-based compute. Ryzen AI Halo (1st Gen) Specs The AMD Ryzen AI Halo developer platform launching this June will be based on the Ryzen AI MAX 300 family, codenamed Strix Halo, which has seen some major adoption in the past few months, from laptops to handhelds and Mini PCs; it's entering every consumer PC segment. These high-performance and premium SoCs offer amazing performance thanks to their Zen 5 CPU, RDNA 3.5 GPU, and XDNA 2 NPU architectures. The Ryzen AI Halo combines these SoCs in a small form factor for developers and SFF AI users. AMD's Ryzen AI Halo is based on the flagship Strix Halo SoC, the Ryzen AI MAX+ 395, which features 16 cores, 32 threads based on the...
1 In 5 Jobs Faces High Risk Of AI Automation As concerns about AI-driven job losses grow, new research sheds light on how artificial intelligence could impact the U.S. labor market in the short term. According to an OpenAI framework analyzing how AI affects different occupations, published last April, nearly half of all jobs (46 percent) are expected to see little immediate change, while around 24...
1 In 5 Jobs Faces High Risk Of AI Automation As concerns about AI-driven job losses grow, new research sheds light on how artificial intelligence could impact the U.S. labor market in the short term. According to an OpenAI framework analyzing how AI affects different occupations, published last April, nearly half of all jobs (46 percent) are expected to see little immediate change, while around 24 percent are likely to be reorganized as tasks shift rather than disappear . As Statista's Tristan Gaudiaut shows in the chart below , a smaller but still significant share of roles face more direct disruption , with roughly one in five jobs (18 percent) categorized as being at high risk of automation . You will find more infographics at Statista At the same time, only about 12 percent of roles could actually grow with AI , as lower costs and increased productivity expand demand for certain services. The findings suggest that exposure to AI does not automatically translate into job losses . Instead, outcomes depend on factors such as how essential human input remains and whether increased demand for a product or service is sufficient to offset lower labor demand from efficiency gains . In many cases, AI is therefore likely to reshape tasks and workflows rather than eliminate entire occupations. While other recent studies have pointed to a higher risk for job displacement, OpenAI’s analysis suggests a more nuanced picture of how the labor market may evolve. Tyler Durden Wed, 05/20/2026 - 22:10
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Nvidia agreed to invest up to US$3.2b in Corning (NYSE:GLW) through a warrant deal tied to expanding optical connectivity for AI data centers. The partnership is focused on scaling optical solutions that support high performance...
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Nvidia agreed to invest up to US$3.2b in Corning (NYSE:GLW) through a warrant deal tied to expanding optical connectivity for AI data centers. The partnership is focused on scaling optical solutions that support high performance AI infrastructure. The arrangement deepens an existing collaboration between the two companies around data center technology. Corning, best known for glass, ceramics, and optical communications products, now sits closer to the center of AI data center build outs through this expanded work with Nvidia. As AI training and inference require faster, denser connections inside and between data centers, optical components have become more important in system design. This deal puts Corning's optical technology in clearer focus for investors watching how AI infrastructure is supplied. For investors, the key point is that this is both a financing and operational partnership, tied directly to AI hardware demand rather than to short term trading sentiment. Nvidia's commitment presents Corning as an important supplier in AI projects, and also highlights how optical connectivity fits into the longer term build out of data center capacity. Stay updated on the most important news stories for Corning by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Corning. NYSE:GLW Earnings & Revenue Growth as at May 2026 📰 Beyond the headline: 2 risks and 2 things going right for Corning that every investor should see. Quick Assessment ⚖️ Price vs Analyst Target : At US$180.69, Corning trades about 8.6% below the US$197.67 analyst price target, which keeps it within the typical target range. ❌ Simply Wall St Valuation : Simply Wall St estimates the stock is trading about 14.9% above its fair value, suggesting an overvalued status on that mo...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Amazon.com (NasdaqGS:AMZN) has launched "Amazon Now", a 30-minute delivery service for groceries and essentials, to millions of U.S. customers. The service is rolling out across dozens of major U.S. cities, supported by a rapidly expanding grocery and essentials fulfillment netwo...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Amazon.com (NasdaqGS:AMZN) has launched "Amazon Now", a 30-minute delivery service for groceries and essentials, to millions of U.S. customers. The service is rolling out across dozens of major U.S. cities, supported by a rapidly expanding grocery and essentials fulfillment network. The move adds a new ultra-fast delivery tier to Amazon's existing e-commerce and logistics offerings. For investors watching NasdaqGS:AMZN, the launch of Amazon Now lands on top of a share price of $265.01 and a 31.8% return over the past year, alongside a 17.0% return year to date. That combination puts the new service against a backdrop of meaningful recent gains, which can shape how the market interprets added investment in speed and infrastructure. Amazon Now pushes the company further into ultra-fast delivery for everyday purchases, an area where customer expectations are still being defined. As Amazon builds out this network, investors may want to track how the service scales, how quickly coverage widens, and how the offering influences customer behavior across the broader Amazon ecosystem. Stay updated on the most important news stories for Amazon.com by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Amazon.com. NasdaqGS:AMZN Earnings & Revenue Growth as at May 2026 📰 Beyond the headline: 1 risk and 3 things going right for Amazon.com that every investor should see. Amazon Now sits at the intersection of Amazon’s long-term push into faster delivery and the current focus on AI-enabled logistics. A 30-minute delivery window for groceries and essentials depends on dense local inventory, highly tuned demand forecasting, and routing systems that can prioritize speed without letting unit economics unravel. For you as an investor, the key questions are whether these ultra-fast trips can be filled with enoug...