London stocks mixed amid weak tech but FTSE 100 edges up The FTSE 100 closed up 14.11 points, 0.1%, at 10,665.88. Evening Standard · Jul 7
Chinese memory and storage firm expected to post more than 60,000% jump in profits due to exploding demand — Lexar owner Longsys forecasts nearly $1.5 billion profit for 1H26 compared to $2.1 million last year Chinese memory and storage manufacturer Longsys expects to post a massive increase in profits due to the AI-driven chip shortage. Tom’s Hardware · Jul 7
Samsung says it will launch a floating data center by 2028 as it looks to jump on 'a major new opportunity' Forget space-bound data centers – Samsung has plans to float its data centers on the water by as soon as 2028. TechRadar · Jul 7
Wall Street suffers major losses as AI stocks tumble and oil prices jump The market's unease originated in Asia, where South Korean tech giant Samsung Electronics saw its shares tumble 6.9% in Seoul The Independent UK · Jul 7
Stock Indexes Falter as Chip Stocks Tumble The S&P 500 Index ($SPX ) (SPY ) today is down -0.67%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.14%. September E-mini S&P futures (ESU26 ) are down -0.68%, and September E-mini Nasdaq futures... Barchart · Jul 7
Samsung Posted 1,800% Profit Surge. But AI Spending Fears Sent Shares Tumbling Anyway Samsung Electronics delivered one of the strongest quarters in its history, posting a more than 1,800% year-over-year jump in operating profit. However, its stock tumbled on the trading session. International Business Times · Jul 7
Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AI Global semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earnings. Investors are reassessing valuations after a strong AI-led rally, while concerns over custom chip development and future demand are making markets more selective towards AI-linked semiconductor companies. The Economic Times · Jul 7
Stock Indexes Fall as Chipmakers Retreat The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.43%. September E-mini S&P futures (ESU26 ) are down -0.25%, and September E-mini Nasdaq futures... Barchart · Jul 7
US stocks today: Nasdaq falls at open as DeepSeek's AI chip push rattles markets Dow Jones & US Stocks today: Chip stocks experienced significant losses, impacting the S&P 500 and Nasdaq indices. Doubts emerged regarding the sustainability of the AI-driven rally, despite positive Samsung earnings. Samsung's shares declined in South Korea, affecting broader market sentiment. Other companies like Intel and Micron also saw substantial… The Economic Times · Jul 7
In the market for a soundbar? These are the best we've tested in 2026, including a model that delivers 'phenomenal rumbling bass' Whether you're after 'exceptional power, precision and detail', or just want to be able to hear the dialogue properly, we've tested a soundbar that fits the bill. TechRadar · Jul 7
Yep, your next smartwatch is about to get more expensive too – Samsung's new Galaxy Watches to set a new trend Time is ticking on cheaper wearables, as Samsung fans face the reality of the current tech crisis T3 · Jul 7
If you are planning to buy the Samsung Galaxy Z Fold 8 or Galaxy Watch 9, a new leak reveals you might have to pay up to $280 more than last year. Samsung could increase the price of its upcoming phones and smartwatches, with price hikes ranging from as low as $30 to as high as $280. Here's what we know. Tom’s Guide · Jul 7
Analysts think SK hynix's DRAM and NAND prices will finally drop by the end of 2028, but not before a huge rise over the next year Here's hoping the expected price drop isn't just wishful thinking. PC Gamer · Jul 7
Kioxia and Sandisk sample world's densest 3D NAND — new 332-Layer beats Samsung’s 400-Layer NAND Kioxia, Sandisk begin to sample BiCS10 3D NAND: 332 active layers and over 29 Gb/mm2 areal capacity. Tom’s Hardware · Jul 7
Tom’s Hardware · Jul 7 Samsung chip division's single-year profits beat its past 40 years of profits, combined, due to increased memory and storage prices — Samsung passes Nvidia to become most profitable company in the world, notches 19x quarterly increase in profit Brokerage consensus puts Samsung's full-year 2026 operating profit near 300 trillion won.
Barchart · Jul 7 Nasdaq Futures Plunge as Samsung Sparks Chip Selloff September Nasdaq 100 E-Mini futures (NQU26) are down -0.97% this morning as chipmakers came under renewed selling pressure after a blowout forecast from Samsung Electronics failed to impress investors.
TechRadar · Jul 7 Shadow AI is a business design problem, but it can be overcome Shadow AI is everywhere, but banning it will only make matters worse.
France 24 · Jul 7 Samsung Electronics profits surge 1,800% annually amid artificial intelligence spending boom South Korean chipmaker Samsung Electronics posted record quarterly profits Tuesday thanks to the global AI infrastructure buildout coupled with a memory chip shortage. Also in this edition, oil futures rise as tensions reignite in the Hormuz Strait and Canada commits to its biggest-ever defence contract. Finally, Cuba experiences its third…
Euronews · Jul 7 Samsung loses over $100bn in market value despite record AI-driven profit Samsung Electronics has forecast a nineteen-fold leap in quarterly profit, its third record quarter in a row, yet investors responded by wiping more than $100 billion (€87.5bn) off the company's value amid doubts over how long the AI-driven memory boom can last.
The Economic Times · Jul 7 Seoul dives on tough day for Asia as Samsung fails to ease tech woes Seoul stocks led Asian market losses as Samsung's shares tumbled significantly. Investors remained cautious despite strong earnings and AI-driven demand for memory chips. Wall Street indexes reopened with gains, easing worries over a tech sector retreat. Oil prices climbed over one percent after an incident off Oman's coast. Traders await…
Tom’s Guide · Jul 7 Samsung Galaxy Z Fold 8 — everything you need to know about the new wider foldable Samsung's got three Galaxy foldables coming this summer, and the most exciting is thew wider Galaxy Z fold 8. Here's what we know about this phone so far.
Android Central · Jul 7 Let us know: Are you Team Google, Team Android, or both? Google is one of the largest companies in the world, and Android is the most widely used OS. But are you a fan of either? Let us know in our latest poll.
The Economic Times · Jul 7 Global Market: Japan's Nikkei falls 2% as Samsung slump sparks chipmaker selloff Japan's Nikkei share average closed two percent lower on Tuesday. Semiconductor heavyweights fell significantly after South Korea's Samsung Electronics tumbled. The broader Topix index also ended lower while value stocks saw buying interest. Investors booked profits in AI stocks and purchased undervalued companies. Japanese banking shares and Toyota Motor experienced…
The Economic Times · Jul 7 Synopsys to cut chip fab manufacturing control software in shift to AI design Synopsys plans to stop offering manufacturing process control software. This move allows the company to divert resources to higher-margin AI design offerings. Chipmakers like Samsung Electronics and SK Hynix were informed about the end-of-life decision. Affected products include automation software that monitors fabrication plant anomalies. Some chipmakers are developing their…
The Economic Times · Jul 7 Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profit Samsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memory chip boom may be peaking. Analysts said strong earnings were already priced in, while concerns over slowing AI infrastructure spending triggered a sharp sell-off across semiconductor stocks.