Samsung forecasts record profit on AI boom
First-quarter earnings surge eightfold despite rising energy costs from Middle East war
First-quarter earnings surge eightfold despite rising energy costs from Middle East war

Strong earnings and AI spending plans help investors shrug off fallout from Middle East conflict

Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown

Rush by businesses to purchase tech equipment offsets deceleration in consumer spending

Earnings hint at growth trajectory despite increases in capital spending

Strong guidance marks turnaround and reflects how South Korean chipmaker has benefited from chip supply crunch

US chipmaker reports better than expected revenue and financial guidance