Qualcomm shares rose 10% to a two-year high due to a revival in demand for artificial intelligence, particularly in China as Chinese manufacturers are switching to Qualcomm's premium processors.
Samsung Electronics reported a strong Q1 2024 financial performance. Memory chip sales rebounded, driving operating profit by over 930%, driven by demand for AI-specific servers, memory chips, and storage solutions.
South Korean semiconductor giant SK Hynix said Friday its entire 2024 production of high-end memory chips was sold out and most of next year's line was gone too, reflecting the huge demand for cutting-edge AI hardware. SK Hynix is the world's second-largest memory chip maker, and dominates the market for
Samsung Electronics said on Tuesday that its operating profit surged more than 930% in the first quarter of 2024, driven by soaring demand for its servers, memory chips and storage used in AI applications. The company, which struggled in 2023 as the macroeconomic slowdown hurt demand for its products, said its memory chip business returned to […] © 2024 TechCrunch. All rights reserved. For personal use only.
Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of AI technologies drives a rebound in
Zuckerberg expressed confidence in monetizing AI through methods like ads and paid access to larger models, leveraging Meta's successful history with scaled technologies.
Horizon Therapeutics, which Amgen bought last year for around $28 billion,
Samsung is the latest company to profit from AI demand, as its profits have increased more than fourfold compared to a year earlier.
Ahead of a week of fresh episodes, here’s what we learned from the Everybody’s in L.A. premiere.
If you are interested in learning more about the current AI bubble and the state of the artificial intelligent (AI) market and possible problems that could already be arising. I highly recommend checking out a video by Synapse this week embedded below, which covers some of the key trends, financial concerns and business struggles in […]
(Reuters) - First Solar reported higher first-quarter profit on Wednesday compared to the same period last year, helped by resilient demand for solar energy.The company reported a net profit of $236.6 million, or $2.20 per share, for the three months ended March 31, compared to $42.5 million, or 40 cents per share, in the same period last year.Analysts expected an average of $1.99 per share, according to LSEG data.The U.S. solar market has seen significant momentum since last year, helped by...
THE BASICS: GO, DOG. GO! a musical by Allison Gregory and Steven Dietz, adapted from the book “Go, Dog. Go!” by P.D. Eastman, with music by Michael Koerner, directed by []