Article #71573

France 24 - World News

France 24 - World News

Title Samsung Electronics profits surge 1,800% annually amid artificial intelligence spending boom Source France 24 - World News
Description South Korean chipmaker Samsung Electronics posted record quarterly profits Tuesday thanks to the global AI infrastructure buildout coupled with a memory chip shortage. Also in this edition, oil futures rise as tensions reignite in the Hormuz Strait and Canada commits to its biggest-ever defence contract. Finally, Cuba experiences its third nationwide blackout of the year as its fuel reserves dwindle.
Link https://www.france24.com/en/tv-shows/business/20260707-samsung-electronics-profits-surge-1-800-annually-amid-artificial-intelligence-spending-boom Published At 2026-07-07 05:30:29 (1 week ago)
Created At 2026-07-07 05:32:21 Updated At 2026-07-07 05:32:21