ROKU REACHES 100 MILLION HOUSEHOLDS MILESTONE
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Roku has surpassed 100 million households streaming on its devices as of April. The milestone underscores the company's dominant position in the crowded streaming hardware market.
■ MORE FROM THE BIG TECH DESK
JPMorgan Chase lifted its bull case target for South Korea's Kospi index to 10,000, marking the second upgrade in under a month. The upgrade reflects optimism around semiconductor demand recovery.
South Korea and Taiwan's artificial intelligence-driven chip sectors are expanding trade surpluses, forcing their central banks to consider raising interest rates later this year, according to Goldman Sachs analysis.
Alphabet Inc. is issuing yen bonds for the first time, tapping Japanese capital markets as the tech giant accelerates AI investments amid intensifying competition.
A $3.5 billion multi-asset fund at Pictet Asset Management has increased equity exposure by moving up to 30% of its cash holdings into artificial intelligence stocks across Asia and the US.