Samsung expects 1,800% leap in quarterly operating profit on AI boom
Frenzied global demand for advanced memory chips has helped South Korean semiconductor giants post record profits (Jung Yeon-je)…
Samsung’s AI Earnings Could Decide Chip Stocks’ Next Move
This article first appeared on GuruFocus. Samsung Electronics (SSNLF), the world’s largest memory chipmaker, is expected to deliver…
Samsung sued alongside rivals on allegations of creating a memory cartel – SamMobile
There are three companies that are immensely benefitting from the exponential demand for memory chips. South Korea’s SK…
Here’s why Samsung is spending $59 billion to buy back its stock
Samsung recently came to an agreement with its labor union and announced that it would distribute around $26.6…
Samsung to cash in on AI demand with massive $650 billion investment – SamMobile
The AI super cycle is turning out to be very profitable for Samsung Electronics. The company is primarily…
World shares skid as traders sell to lock in profits after recent rallies driven by AI
BANGKOK (AP) — World shares retreated Friday, led by heavy losses in Japan and South Korea as traders…
Marc Faber: ‘Indian Markets Can Go Down 20 Per Cent’
‘India has initiated a bear market and we will still go lower. It has nothing to do with…
Why South Korea’s AI chip boom is a ‘serious concern’ for its economy
South Korea’s AI-driven semiconductor boom has sent exports, corporate profits and stock prices to record highs, but a…
Nvidia Corp (NVDA) Strengthens AI Platform with Micron HBM4
Nvidia Corp (NASDAQ:NVDA) is one of the best data center stocks to invest in according to billionaires. Nvidia…
Samsung takes major stake in US biosciences company to expand health footprint
Digital health is an important area of focus for Samsung. The company already provides several products and services…
World’s hottest market has Korea bulls reaching for protection
A wave of optimism over South Korean stocks is giving way to growing caution, as some investors hedge…
Huawei to hold the line as memory price surge hits China’s smartphone makers: report
Chinese smartphone makers are preparing for their most challenging year since the Covid-19 pandemic, as analysts say skyrocketing…