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Samsung profits jump 1,800% as AI chip sales soar
Posted onSouth Korean technology giant Samsung Electronics says it expects to post a 19-fold jump in its profits, driven by global demand for artificial intelligence (AI) memory chips. The company forecast that it made 89.4tn won (£43.6bn; $58.4bn) between the start of April and the end of June, marking its third record quarterly operating profits in…
Busiest US airports face flight reductions because of government shutdown
Posted onWatch: “There will be frustration” – Transport secretary outlines reduction in air traffic US Transportation Secretary Sean Duffy has warned that air travel capacity will be cut by up to 10% at 40 major airports over the coming days, if the government shutdown continues. The decision, which is expected to affect domestic flights only, was…
