Profit fell after Samsung’s foundry arm booked a one-time inventory cost as export controls led to unsold AI chips.

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip ...

It's called the Music City Loop, and the project marks Musk's latest effort to bolster his budding business empire in Tennessee. His artificial intelligence startup xAI, the parent of social media ...

Samsung Foundry has secured an eight-year, US$16.5 billion contract to manufacture Tesla's next-generation AI6 chip. The move ...

Samsung Electronics said on Thursday a trade deal that will see Washington charge 15% tariffs on imports from South Korea ...

Samsung Electronics Chairman Lee Jae-yong recently made a spontaneous trip to Washington, DC, to assist South Korea in ongoing reciprocal tariff negotiations with the US. As AI semiconductors emerge ...

Samsung Electronics Co.’s chip unit plunged a far bigger-than-expected 94% in the June quarter, reflecting the depth of a slump that’s plaguing the world’s largest memory chipmaker.

Revenue rose 0.7% from a year earlier, to 74.566 trillion won. Operating profit dropped 55%, to 4.676 trillion won, as the company booked one-off inventory-value losses on unsold advanced chips due to ...

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight Today. On July 28, Tesla announced that it had signed a ...

Tesla shares are trading lower Wednesday, extending losses that began after the company's second-quarter earnings report last week.

Tesla and Samsung sign a $16.5 billion deal for AI chip production in Taylor, Texas, set to strengthen the local economy and ...