Samsung's chip division posted a near 50-fold jump in profit, signaling a sharp recovery in the semiconductor sector after a prolonged downturn. The surge reflects stronger demand and improving pricing across chip markets, positioning Samsung as a key beneficiary of the current upcycle. The headline number underscores how severely earnings had compressed during the prior down-cycle, making the percentage gain look dramatic even if absolute levels are still rebuilding. The result will be watched closely by investors tracking sector-wide margin recovery across memory and logic chips. Looking ahead, Samsung flagged that a supply shortage in the chip market is expected to worsen by 2027. That warning points to a structural imbalance: demand from AI infrastructure, data centers, and consumer electronics is outpacing the pace at which new fabrication capacity can come online. For buyers of chips, tighter supply typically means higher prices and longer lead times. For Samsung and peers, it could support elevated pricing well into the latter half of the decade.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
