Tag: tech sector
AI Boom Drives Memory Engineers to Wealth, Deepening Social Divides in South Korea
AI-driven demand has made memory chip engineers in South Korea suddenly wealthy, fueling social tensions and disparities in income.
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Apple Shares Rise Amid Global Decline in Tech Stocks
Tech sector stocks declined worldwide last Friday, but Apple shares gained 3%, defying the broader market trend.
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Global Tech Stocks Decline Amid Investor Concerns Over Rising AI Infrastructure Costs
Technology shares worldwide are falling as investors worry about escalating expenditures linked to AI infrastructure development.
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Tech Industry Sees Over 100,000 Job Cuts Globally Since Early 2026
More than 100,000 employees in the tech sector have been laid off worldwide since early 2026, marking a major wave of workforce reductions.
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Michael Burry Warns of Potential Tech Stock Collapse Amid Nasdaq 100 Surge
Investor Michael Burry cautions that the Nasdaq 100’s sharp rise mirrors dot-com bubble conditions, signaling risk for tech stocks.
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