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Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Sagar5 months ago03 mins

Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images South Korea’s Samsung Electronics on Tuesday forecast a 56% fall in profits for the second as the company struggles to capture demand from artificial intelligence chip leader Nvidia. …

Chipmakers get bigger tax credits in Trump’s latest big beautiful bill

Sagar5 months ago03 mins

William_potter | Istock | Getty Images The latest version of U.S. President Donald Trump’s “big beautiful bill” could make it cheaper for semiconductor manufacturers to build plants in the U.S. as Washington continues its efforts to strengthen its domestic chip supply chain. Under the bill, passed by the Senate Tuesday, tax credits for those semiconductor…

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Taiwan Semiconductor Manufacturing Co Ltd

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Chipmakers get bigger tax credits in Trump’s latest big beautiful bill