Samsung reaches deal to avert strike over AI profits

Samsung’s profit-sharing deal with its union sets a precedent for higher labor costs in AI chip production, influencing industry standards. The post Samsung reaches deal to avert strike over AI profits appeared first on Crypto Briefing.

SoftBank Group shares surge 16% on Nvidia’s strong earnings

SoftBank’s AI-focused strategy heightens its market sensitivity to AI trends, making it vulnerable to fluctuations in AI infrastructure demand. The post SoftBank Group shares surge 16% on Nvidia’s strong earnings appeared first on Crypto Briefing.