Semiconductors

South Korean chipmakers Samsung and SK Hynix reported combined profits of $59.7 billion for the March 2026 quarter. The figure tops the aggregate earnings of all listed Indian companies in any previous quarter. Strong demand for memory chips tied to artificial intelligence drove the results.

May 10, 2026 Ti AI ṣe iroyin

Advanced Micro Devices posted first-quarter results that topped expectations, with revenue climbing 38 percent on robust server chip sales tied to artificial intelligence.

Samsung Electronics confirmed record Q1 sales of 133.87 trillion won and operating profit of 57.23 trillion won on April 30, slightly beating its earlier guidance of 133 trillion won in sales and 57.2 trillion won in OP. The results, up 69% and 756% year-on-year, were fueled by AI-driven memory chip demand, with net profit jumping over fivefold to 47.22 trillion won.

April 29, 2026 Ti AI ṣe iroyin

China's GPU leaders Cambricon and MetaX reported strong first-quarter results driven by demand for local AI chips. Cambricon's revenue jumped 160 per cent year-on-year to 2.89 billion yuan (US$423 million), with profit soaring 185 per cent to 1 billion yuan. The Beijing-based firm attributed the growth to a 'sustained surge in the AI industry’s computing power demand'.

Semiconductor programs tied to Samsung Electronics and SK hynix posted an average competition rate of 7.16 to 1 in the 2026 regular admissions cycle, surpassing the 6 to 1 average across 39 medical schools nationwide, Jongro Academy reported. Top programs like Hanyang University's Department of Semiconductor Engineering reached 11.8 to 1. The shift reflects growing appeal amid strong industry compensation, including SK hynix's record bonuses.

April 17, 2026 Ti AI ṣe iroyin

Hong Kong's Innovation, Technology and Industry Bureau aims to secure half of the HK$440 million (US$56.2 million) investment for a planned national innovation centre from the private sector. The centre in Yuen Long InnoPark sets ambitious targets to become self-sufficient in three years and profitable by its fifth year. It will be the first national manufacturing innovation centre outside mainland China, advancing artificial intelligence development.