Samsung's announcement coincides with Seoul’s commitment to invest $350 billion in the US which has led to concerns that Korea could end up playing second-fiddle in manufacturing
Traders report a 'scramble' for yttrium, used in chips and jet engines; prices have soared 4,400% this year and China has sent no yttrium to the US since April.
Lee's security adviser said the countries discussed nuclear-powered submarines on the "premise" the vessels would be built in South Korea
Stimulus package will include subsidies to lower utility and gasoline bills, aid to businesses hit by higher US tariffs and an expected increase in defence spending
CEO Masayoshi Son has bet big on OpenAI – over $30 billion – while selling his company's shares in Nvidia last month; those moves have paid worthy returns so far, but will the 'AI bubble' pop?
Chen Deli believed AI could be a great aid to humans as it improved over the short term, but feared it could become a "massive challenge" in the future
Nvidia will mentor India's emerging deep-tech startups and also participate in research projects and policy dialogue in the country
Chinese regulators have banned the use of foreign chips in data centres supported by state funds, saying they must only use locally-made computer chips, sources say.
The Nikkei plunged by almost 7% from the record high reached on Tuesday, while South Korean shares dropped by 6.2%. Both markets clawed back some losses in afternoon trading.
The energy subsidies are part of China’s larger push to subsidise its AI and semiconductor industries. Its outlay for AI alone is expected to reach $98 billion this year.
America's top court will hear the fight against Trump's tariffs this week; an adverse ruling could be messy, but analysts say he would just use other avenues to achieve the same goal
US President's comments suggest he may impose tighter restrictions on cutting-edge American AI chips than US officials previously indicated