Samsung Electronics profits surge 1,800% annually amid artificial intelligence spending boom
Community Score: 50% | 230 views | 1w
0 community ratings: null thumbs up, null thumbs down
South Korean chipmaker Samsung Electronics posted record quarterly profits Tuesday thanks to the global AI infrastructure buildout coupled with a memory chip shortage. Also in this edition, oil futures rise as tensions reignite in the Hormuz Strait and Canada commits to its biggest-ever defence contract. Finally, Cuba experiences its third nationwide blackout of the year as its fuel reserves dwindle. ##Samsung ##Chips ##AI Read more about this story in our article: https://f24.my/C2Wv.y š Subscribe to France 24 now: https://f24.my/YTen š“ LIVE - Watch FRANCE 24 English 24/7 here: https://f24.my/YTliveEN š Read the latest International News and Top Stories: https://www.france24.com/en/ Like us on Facebook: https://f24.my/FBen Follow us on X: https://f24.my/Xen Bluesky: https://f24.my/BSen and Threads: https://f24.my/THen Browse the news in pictures on Instagram: https://f24.my/IGen Discover our TikTok videos: https://f24.my/TKen Get the latest top stories on Telegram: https://f24.
Tags: #AI, #Chips, #Samsung, Artificial intelligence, Asian markets, Samsung
More from FRANCE 24 English
- Trump administration threatens media outlets over Iran war coverage ā¢ FRANCE 24 English ā Score: 50%
- French municipal elections: Close race in Marseille, Paris offers a surprise ā¢ FRANCE 24 English ā Score: 50%
- Being an artist and a refugee: Amir Amiri and Parisa Karimi Molan speak to France 24 ā¢ FRANCE 24 ā Score: 50%
- From missiles strikes to rocketing oil price: Guy Laron speaks to France 24 ā¢ FRANCE 24 English ā Score: 50%
- Severe sandstorm sweeps through Gaza tent camps ā¢ FRANCE 24 English ā Score: 50%
- The humanitarian crisis worsens in Lebanon, with over 850,000 displaced ā¢ FRANCE 24 English ā Score: 50%