Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Thailand Inflation Remains Negative for 10th Straight Month in January 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Samsung Electronics has struck a deal with Nvidia, IBM, Qualcomm, and Baidu for the supply of semiconductors. The South Korean memory chipmaker will be producing 3-nanometer process nodes for them.
With the new deals with some of the leading tech firms, Samsung is hoping to outdo its rival TSMC amid the fierce competition in the chip market. Aside from the mentioned companies, Samsung will make the same chip type for other clients as well.
On Tuesday, sources said that the world’s largest chip producer is jointly developing cutting-edge chips with five to six fabless partners for large quantity supply requirements that are needed to be delivered as early as 2024, according to The Korea Economic Daily.
Samsung Electronics will be making use of its 3 nm technology to make graphics processing units or GPUs for the software company, Nvidia and central processing units (CPUs) for IBM. For Qualcomm, the company will make smartphone application processors, and Baidu is requiring artificial intelligence chips that are used in cloud data centers.
It was reported that the major tech firms picked Samsung to be their consignment producer after looking into its 3-nanometer process technology. They also considered their need to have several suppliers, so it was the best choice.
Business observers said that Samsung is relying on its 3 nm technology to outdo the Taiwanese chipmaker, Taiwan Semiconductor Manufacturing Co., in terms of contracts in the industry. This is because Samsung may be the top player in the memory chip industry in the world, but when it comes to the contract manufacturing business, it is only No. 2 behind TSMC. Currently, the Taiwanese semiconductor giant dominates more than half of the foundry market, globally.
Meanwhile, Samsung Electronics owns and operates contract chipmaking facilities in five territories worldwide. These are located in Austin, Texas; Giheung, South Korea; Hwaseong, Pyeongtaek; and Taylor, Texas.
Babak Habibi/Unsplash
