Jacob Smith7 Apr 2026Shares of Samsung Electronics surged nearly 5% after the company forecast record quarterly profit driven by strong demand for artificial intelligence chips. Preliminary guidance showed revenue and profit exceeding expectations, signalling that Samsung is regaining momentum in the race for high-bandwidth memory technology, a critical component in advanced AI systems. #Samsung #AI #Semiconductors #T3 likes3 comments#markets#business#artificialintelligence#samsung#southkorea
Jacob Smith4 Apr 2026Chinese semiconductor firms have reported record revenues, driven by soaring AI demand, chip shortages, and US export restrictions. The surge reflects Beijing’s push to strengthen its domestic tech ecosystem and reduce reliance on foreign suppliers. As global competition in AI intensifies, China’s semiconductor growth signals a major shift in the technology landscape and highlights the strategic i4 likes4 comments#innovatio#globaltech#chinatech#chipindustry#semiconductors