Samsung Sees Smartphone and Tech Devices Demand Recovering in 2024 After Record Chip Loss

Samsung Sees Smartphone and Tech Devices Demand Recovering in 2024 After Record Chip Loss

Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a 34 percent drop in fourth-quarter profit despite a memory price rebound as consumer demand remained weak in many businesses. The world’s biggest maker of memory chips said it expected mobile and PC makers…

Intel Announces Core Ultra, Xeon Processors for PCs and Servers in Bid to Join AI Gold Rush

Intel Announces Core Ultra, Xeon Processors for PCs and Servers in Bid to Join AI Gold Rush

Intel, the biggest maker of personal computer processors, announced new chips for PCs and data centres that the company hopes will give it a bigger slice of the booming market for artificial intelligence hardware. The lineup includes updated Xeon server chips — the second overhaul of that processor in less…

Nvidia Says US Advanced Timeline for Export Curbs of AI Chips to China, Other Countries

Nvidia Says US Advanced Timeline for Export Curbs of AI Chips to China, Other Countries

Chip designer Nvidia said new US export curbs that block the sale of its high-end artificial intelligence chips to China came into effect on Monday as regulators advanced the timeline. The restrictions were supposed to come into play 30 days from October 17 when the Biden administration unveiled measures to…