
AMD CEO Lisa Su Heads to Samsung's South Korea Chip Facility Amid AI Expansion Talks
Mar 18, 2026 02:06 am UTC| Business Technology
Advanced Micro Devices CEO Lisa Su is scheduled to visit Samsung Electronics semiconductor manufacturing complex in Pyeongtaek, South Korea, marking a significant step in deepening the two companies strategic partnership....

NVIDIA Resumes China AI Chip Production Amid $1 Trillion Revenue Forecast
Mar 18, 2026 01:56 am UTC| Business Technology
NVIDIA CEO Jensen Huang confirmed Tuesday that the company is restarting manufacturing of its H20 chip for the Chinese market, after receiving export licenses from the U.S. government. The announcement came during the GTC...

Amazon's AWS Could Hit $600 Billion in Revenue as AI Reshapes Cloud Growth
Mar 18, 2026 01:50 am UTC| Business Technology
Amazon CEO Andy Jassy recently told employees that artificial intelligence could propel Amazon Web Services to $600 billion in annual revenue double the $300 billion target he had previously projected over roughly a...

Samsung Bets Big on AI-Driven Chip Demand in 2025
Mar 18, 2026 01:38 am UTC| Business Technology
Samsung Electronics is expressing strong confidence in sustained chip demand throughout this year, with artificial intelligence continuing to serve as the primary growth engine for the semiconductor industry. Jun...

Nvidia Develops Groq AI Chips for Chinese Market Amid Export Shift
Mar 18, 2026 01:28 am UTC| Business Technology
Nvidia is reportedly developing a version of its Groq-based artificial intelligence chips tailored for the Chinese market, according to two sources familiar with the matter who spoke to Reuters. The move signals a...

xAI Faces Lawsuit Over Grok AI-Generated Sexual Content Involving Minors
Mar 18, 2026 01:13 am UTC| Business Technology Law
Three Tennessee residents, including two minors, have filed a federal lawsuit against Elon Musks artificial intelligence company xAI, accusing it of deliberately designing its Grok image generator to produce sexually...

Foxconn Shares Slip After Q4 Profit Miss Despite Record Revenue and Strong AI Outlook
Mar 17, 2026 05:04 am UTC| Business Technology
Foxconn, officially known as Hon Hai Precision Industry, saw its stock decline on Tuesday following a disappointing fourth-quarter earnings report that fell short of market expectations, even as the worlds largest contract...