Samsung Electronics will add a chip production line at its plant in the South Korean city of Pyeongtaek to meet rising demand from the global boom in artificial intelligence. Mass production will begin in 2028, the chipmaker said, adding that it also plans additional infrastructure investments to support expanded operations.
Turbulence in technology stocks could ratchet higher in the coming week as investors react to the quarterly report from Nvidia Corp, the world’s largest company by market value that is at the heart of Wall Street’s artificial intelligence trade.
Grayscale reported a 20% drop in revenue in the first nine months of 2025, the crypto-focused asset manager disclosed in its U.S. initial public offering paperwork, as analysts expect the IPO market to restart.
European Union finance ministers agreed to bring forward to “as soon as possible in 2026” the introduction of customs duties on low-value parcels arriving in the 27-nation EU, in a move that will hit Chinese on-line retailers Shein and Temu.
Gold prices fell 1%, pulling back from a three-week high earlier in the session amid a broad market sell-off following the reopening of the U.S. government. U.S. gold futures for December delivery settled 0.5%.
AMD shares surged 7% after the chipmaker unveiled a bold $100 billion annual data-center revenue target, with plans to claim a larger slice of the booming artificial intelligence market dominated by Nvidia.
