Business
Memory stocks are getting hammered. China and a 2029 oversupply are the big worries
SK Hynix, Samsung and Micron have been some of the hardest-hit names in the latest tech sell-off.
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Samsung
Business
AI chip boom pushes Samsung profits to record $80bn
The tech giant is also expected to get a boost from its latest folding devices that were launched in August.
Business
Samsung forecasts record third-quarter profit of $80 billion as AI boom fuels chip demand
Samsung Electronics reported preliminary third-quarter earnings on Thursday, with operating profit forecast to top 100 trillion won for the first time.
Business
Samsung to inject $1 billion into Nvidia- and KKR-backed AI infrastructure firm
Samsung Electronics and its five affiliates are investing $1 billion in KKR-launched Helix as the group expands its push into global AI infrastructure.
World
Reunited Techniques and Samsung will receive 120 million after winning an arbitration in England
London Court resolves the dispute over the cancellation of the MGT Teesside biomass plant contract