Samsung Electronics (5930) expects to report a huge profit surge in the first quarter. It’s good news for its peer Micron Technology (MU), with both companies set to ride a wave of demand for memory chips.
Samsung Electronics (5930) expects to report a huge profit surge in the first quarter. It’s good news for its peer Micron Technology (MU), with both companies set to ride a wave of demand for memory chips.
Apple announced a significant expansion of its American Manufacturing Program on Thursday, bringing four new partners — Bosch, Cirrus Logic, TDK, and Qnity Electronics — into its domestic supply chain.
Google’s latest research which claims to make AI models more efficient is putting pressure on memory stocks, with investors concerned the breakthrough could see a slowdown in chip demand.
Samsung Electronics (5930), opens new tab and Advanced Micro Devices (AMD), signed a memorandum of understanding to expand their strategic partnership on memory chip supplies for artificial intelligence infrastructure, the companies said on Wednesday.
Shares of Samsung Electronics (5930) rose as much as 5% on Tuesday after Nvidia (NVDA) CEO Jensen Huang said the South Korean company was producing Nvidia’s new artificial intelligence chips.
Samsung Electronics (5930) said Thursday that it has become the first company to ship a new type of memory-chip crucial for artificial-intelligence processors. But Micron Technology (MU) is hot on its heels.
Samsung Electronics (5930) stock gained on Monday following a report that it will start large-scale production of the next generation of high-bandwidth memory chips as soon as this month. That lays down a challenge to American rival Micron Technology (MU).
Samsung Electronics reported an over threefold surge in fourth-quarter profits on Thursday, hitting a new record and beating analysts’ estimates, as a memory chip shortage and strong demand for artificial intelligence servers lifted earnings.
Samsung Electronics (005930) is set to supply Nvidia (NVDA) with next-generation memory chips, according to a report. That’s a bit of a concern for Micron Technology (MU) but it shouldn’t put too much of a dent in optimism around the U.S. memory hardware company.
Samsung Electronics (005930) forecast a record quarterly profit on the back of surging memory-chip prices. The figures bode well for U.S. rival Micron Technology (MU)
Samsung Electronics plans to double this year the number of its mobile devices with “Galaxy AI” features largely powered by Google’s Gemini, its co-CEO said, which would give the U.S. firm an edge over rivals as the global race in artificial intelligence heats up.
The U.S. government has granted an annual licence to Samsung Electronics (005930.KS) and SK Hynix (000660.KS) bring in chip manufacturing equipment to their facilities in China for 2026, two people familiar with the matter said on Tuesday.
Samsung Electronics (KS:005930) shares jumped 5.3% in Seoul trading today after reports emerged that the tech giant will begin mass production of next-generation HBM4 memory chips in February at its Pyeongtaek campus in South Korea.
Warby Parker (WRBY.N), said on Monday it is collaborating with Alphabet’s (GOOGL.O), opens new tab Google to develop lightweight AI-powered glasses, with the first product expected to launch in 2026.
Samsung’s operating profit is projected to surge next year as robust demand for next-generation memory lifts margins across its chip division, according to a new note from KB Securities.
Korean semiconductor giant Samsung said Thursday that it plans to buy and deploy a cluster of 50,000 Nvidia graphics processing units to improve its chip manufacturing for mobile devices and robots.
Tesla has selected Samsung to manufacture some of its artificial-intelligence chips. The decision is moving a lot of stocks early Monday, including shares of the electric-vehicle maker.
South Korea’s Samsung Electronics on Tuesday forecast a 56% fall in profits for the second quarter as the company struggles to capture demand from artificial intelligence chip leader Nvidia.
Samsung on Tuesday unveiled a thin version of its flagship smartphone in an unusually timed launch as it looks to maintain momentum in its mobile divison against an uncertain consumer backdrop and U.S. tariff policy.
Samsung Electronics forecast limited earnings growth in the current quarter after better-than-expected net profit for the fourth quarter, as profitability at its core semiconductor business continued to weaken.