Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South…
Micron Technology may double thanks to AI boom, D.A. Davidson says
Micron Technology may see its shares nearly double as the artificial intelligence boom boosts demand for the company’s…
Nvidia stock closes at record, pushing market cap past $5 trillion
NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global AI conference in San Jose, California, U.S. March…
AMD shares soar on no company news. Here’s what has investors excited
Intel’s latest earnings report showed big demand for central processing units, or CPUs, as companies rush to build…
5 things to know before the market opens Friday
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. Congratulations to the…
Stock market today: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April…
Nvidia rivals eye huge funding rounds as AI chip market booms
European chip startups developing alternative technology to Nvidia’s graphics processing units (GPUs) are eyeing big funding rounds as…
TSMC posts record profits on continued AI demand
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images |…
Little known semiconductor packaging, testing stock poised to gain
Amkor Technology isn’t a household name, but it’s poised to become a big winner as artificial intelligence spreads.…
Samsung shares rise nearly 5% as profit seen jumping 8-fold on AI chip boom
Shares of Samsung Electronics rose as much as 4.8% on Tuesday after the South Korean technology giant forecast…