Samsung and AI chip stocks fall after 19-fold rise in profit fails to impress investors
What happened: Samsung Electronics (005930.KS) stock slumped in Asia, leading a broader decline in chip stocks as investors…
Nasdaq sinks as AI worries hit chipmakers
By Noel Randewich and Shashwat Chauhan July 7 (Reuters) – The Nasdaq ended sharply lower on Tuesday, weighed…
Samsung readies $648 billion bet, report says, as AI boom reshapes South Korea
By Hyunjoo Jin, Joyce Lee and Heejin Kim SEOUL, June 26 (Reuters) – Samsung Group will unveil a…
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…
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…
This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory
Every time you ask ChatGPT a question, your request triggers a data relay race. Information leaves memory, passes…
Dell lifts forecasts as AI data center buildout fuels demand, shares soar
By Jaspreet Singh May 28 (Reuters) – Dell boosted its annual revenue and profit expectations on Thursday, showing…
Korean government considers drastic measures to avoid Samsung strike
Samsung Electronics’ workers union has threatened to take its over 40,000 members on strike starting May 21 if…
Musk’s staff reaches out to suppliers for Terafab project, Bloomberg News reports
April 15 (Reuters) – Elon Musk’s staff have reached out to chip industry suppliers for his Terafab AI…
Samsung flags eightfold jump in quarterly profit as AI chip demand stokes prices
By Hyunjoo Jin and Heekyong Yang SEOUL, April 7 (Reuters) – Samsung Electronics on Tuesday projected its first-quarter…
The Samsung Wallet can now hold your house keys
Samsung’s newest feature turns your phone into your house keys. The company has created the Digital Home Key,…
Curious how to buy Samsung stock in the US? It’s not that easy
Samsung stock has been on an absolute tear over the past year. Investors have poured into the company…