This is the Asia Trade, I'm Shery Ahn in Tokyo. The top stories this hour. Asian stocks set to extend Wall Street gains led by tech giants including Nvidia and Broadcom.The revival of the eye trade holding two days of declines for chipmakers. Samsung's second quarter earnings are also set to boost sentiment as profit surges past elevated expectations on rocketing demand for memory chips. And the former Japanese currency chief tells Bloomberg the yen is undervalued up to 20%, but Goldman Sachs now sees weake ...

♪ >> THE COUNTDOWN IS ON. EVERYTHING YOU NEED TO GET THE EDGE OF THE END OF THE MARKET DAY. THIS IS "THE CLOSE." ROMAINE: A BIG WEEK FOR BIG TECH AS THE AI RALLY GETS ANOTHER STRESS TEST AGAIN.LIVE FROM BLOOMBERG HEADQUARTERS IN NEW YORK, I'M ROMAINE BOSTICK. KATIE: I'M KATIE GREIFELD. WE ARE KICKED OFF THE CLOSING BELL HERE IN THE U.S. WE HAVE A RALLY ON OUR HANDS AND THIS CASCADE OF INDEXES TELLS YOU WHY.S&P 500 HIGHER BY .9% AT THIS MOMENT. A LOT OF THAT STRENGTH COMING FROM BIG TECH. NASDAQ 100 HIGHER B ...

And right now we are two minutes away from the end of the trading day. Romaine Bostick alongside Katie Greipel, taking you through to that closing bell. It's a global simulcast.Carol Massar joins us from the radio studio Emily, in today for Tim Stenbeck. Welcome to our audiences across all of our Bloomberg platforms, television and radio, our partnership with YouTube here on a Monday afternoon, where we continue to see stocks push higher, led by what else. A lot of those big ship names.Carol. Yeah, right. T ...

>> "BLOOMBERG TECH" IS LIVE FROM THE HEART OF SILICON VALLEY, WITH ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH. " APPLE BETS BIG ON BROADCOM FOR THE FUTURE, EXTENDING ITS CUSTOM TO PARTNERSHIP THROUGH 2031. MICROSOFT EYES A MASSIVE REORGANIZATION OF THE XBOX UNIT WITH PLANS TO ELIMINATE 20% OF ITS STAFF. AND SK HYNIX U.S. LISTING. FROM NEW YORK CITY, WELCOME TO "BLOOMBERG TECH. " THIS IS WHAT MARKETS LOOK LIKE. SEMICONDUCTORS HIGHER AS INVESTORS RETURN TO THE AI TRADE AFTER LAST WEEK'S SELLOFF, ...

Our top story is Broadcom. Broadcom isn't just leading the rally. It's also at the center of the biggest news item.The stock is higher after announcing a new agreement with Apple that extends the partnership through 2031. Broadcom will develop custom chips for multiple generations of Apple products. Bloomberg's consumer tech and Apple managing editor Mark Gurman.Also here in New York City, super interesting. There is a historic relationship with Apple and Broadcom we can get to. To me, reading your report, ...

DANI: WE START TO RALLY AFTER THE BEST WEEK SINCE EARLY MAY. 30 MINUTES TO GO UNTIL THE START OF CASH TRADING. "BLOOMBERG OPEN INTEREST " STARTS RIGHT NOW.DANI: IT IS A PIVOTAL WEEK FOR THE AI TRADE AS SPACEX JOINS THE NASDAQ 100, SAMSUNG REPORTS EARNING AND SK HYNIX MAKES HIS U.S. DEBUT. VONNIE: THE MARKET IS GETTING A LOOK INSIDE THE KEVIN WARSH FED WHEN THE FOMC MEETING MINUTES DROP ON WEDNESDAY. A FEW STOCKS TO WATCH.MEMORY CHIPMAKERS ARE AMONG THEM SO LET'S START WITH SANDISK LEADING THE REBOUND, UP 5. ...

All right. Let's start with SK Hynix. Uh, this morning, kicking off the formal marketing, uh, process for its, uh, U.S. listing, the South Korean chipmaker is trying to capitalize on investor demand for the, uh, memory chips.I'm going to say the high flying memory chip sector, uh, a company is seeking to sell American depositary receipts. This would represent just about 18 million common shares. It will be valued at about $28 billion.Uh, the offering of the ADR comes after the firm's Seoul traded stock. Tha ...

I'm Jessica Edinger. CNBC Wall Street is mixed this afternoon. The Dow popped this morning, touching a fresh record high and rising above 53,000 for the first time before pulling back.It's down 41 points. Proctor and Gamble shares leading it lower. They're down 2 and a.5%. Nike down 2 and a half% as well.The S&P 500 index up 53 points. That's almost 3/4 of a percent. and the NASDAQ soaring up 350 points now 1.3%.Chip shares are rallying today. You have advanced micro devices up 8 and a half%. Qualcomm up 6% ...