News

Samsung flags big miss in second-quarter profit, citing U.S. AI chip curbs on China
Samsung has projected a 56% drop in second-quarter operating profit from a year earlier, far worse than analysts expected as ...
CoreWeave joins data centre race: Nvidia-backed cloud computing firm set to buy Core Scientific for $9 billion
CoreWeave is set to acquire Core Scientific, a crypto mining firm, in a $9 billion all-stock deal to enhance AI computing infrastructure. The acquisition aims to cut future lease overhead by over $10 ...
Samsung flags 56% profit drop in Q2 as AI chip woes and US export curbs hit semiconductor business
Samsung Electronics has projected a sharp 56% decline in its second-quarter operating profit, citing weak AI chip sales and ...
Cryptopolitan on MSN39m
Samsung's operating profit plummets 56%, missing estimates
Samsung’s operating profit fell 56% in Q2 2025 to 4.6 trillion won ($3.3 billion), missing analyst expectations.
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YTL Power invests RM10b in AI, encourages local companies to leverage AI infrastructure
YTL Power International Bhd has invested about RM10 billion in artificial intelligence (AI) and AI infrastructure to date and ...