Tech

Tech Giant's Profits Soar on AI Chip Sales

Updated 2026-10-08 01:55 UTC 2 sources Positive

Samsung reported record profits of $80 billion, driven by strong sales of its AI chips and new folding devices. The tech giant is capitalizing on growing demand for advanced technology.

Coverage timeline — 2 articles

BBC News

AI chip boom pushes Samsung profits to record $80bn

The tech giant is also expected to get a boost from its latest folding devices that were launched in August.

2026-10-08 01:31 UTC

CNBC

Oil gains as Middle East hostilities stoke supply worries

President Donald Trump and his national security team have talked about possibly restarting large-scale U.S. military operations in Iran in the coming weeks, NBC News reported.

2026-10-08 01:46 UTC