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Samsung's Q3 Profit Surge: AI Chip Demand Drives Strongest Performance in Three Years

Samsung Electronics reports its largest quarterly profit in over three years, driven by the global surge in AI chip production and recovering memory chip demand. The company's focus on high-bandwidth memory and strategic partnerships positions it well in the evolving AI landscape.

Technology4 sources

Samsung's Q3 Profit Surge: AI Chip Demand Drives Strongest Performance in Three Years

Technology4 sources

Applied Digital's Stock Soars on Strong Q1 Results and Massive AI Data Center Expansion

Applied Digital's shares jumped 28% after reporting better-than-expected Q1 results and announcing a significant expansion of its AI data center capacity. The company secured a new 150-megawatt lease with CoreWeave, bringing their total contracted IT load to 400 MW.

Business6 sources

Applied Digital's Stock Soars on Strong Q1 Results and Massive AI Data Center Expansion

Business6 sources

TSMC's Q3 Revenue Soars Amid AI Boom, Fueling Record Growth and Market Rally

Taiwan Semiconductor Manufacturing Co (TSMC) reports a 30% year-on-year increase in Q3 revenue, beating market forecasts. The surge is attributed to growing demand for AI chips, benefiting TSMC and its key clients like Nvidia and AMD.

Business4 sources

TSMC's Q3 Revenue Soars Amid AI Boom, Fueling Record Growth and Market Rally

Business4 sources

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