Why Memory Chips Are Dominating the A.I. Rally
Three major producers — Micron, Samsung and SK Hynix — are now trillion-dollar companies. Politicians and Wall Street have taken notice.
The New York Times AI·
The agreement all but guarantees hefty bonuses for employees in the top-performing chip unit. Other workers say they feel left out.
Read full articleThree major producers — Micron, Samsung and SK Hynix — are now trillion-dollar companies. Politicians and Wall Street have taken notice.
10 September 2019, US, New York: Yellow taxis pass in front of the New York Times newspaper building. Photo: Alexandra Schuler/dpa (Photo by Alexandra Schuler/picture alliance via Getty Images) How newsrooms should use AI - or if they should at all - has been a recurrent debate within the media industry over the last several years. Increasingly, these rules are being hammered out at the bargaining table between unions and publishers. Right now, employees at The New York Times are gearing up for a fight. Unionized staff with the Tech Guild say Times management has refused to provide the union with information related to how the company has used AI, its plans for AI use in the future, and how it will affect employees' jobs and workflow. (The union filed an unfair labor practice charge earlier this month.) The Tech Guild, a NewsGuild … Read the full story at The Verge.
Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn club Business live – latest updates Employees at Samsung Electronics’s memory chip division are to receive bonuses averaging about £310,000 each through a landmark profit-sharing agreement, as the AI boom drives up chipmakers’ profits. Fears of a strike at Samsung were averted on Wednesday after two unions for the world’s largest memory chipmaker said that 74% of the 62,616 workers who cast their votes had backed the deal. Continue reading...
TSMC's increased profit-sharing signals strong confidence in sustained growth, reflecting robust AI demand and a stable tech investment climate. The post TSMC CEO C.C. Wei pledges over 30% profit-sharing bonus increase for employees appeared first on Crypto Briefing.
Samsung's investment in Vietnam strengthens its supply chain resilience and positions the region as a key player in the global semiconductor industry. The post Samsung plans $1.5B chip testing plant in Vietnam by 2027 appeared first on Crypto Briefing.
Samsung's compensation deal ensures workforce stability, mitigates financial risks, and highlights strategic profit-sharing to maintain competitiveness. The post Samsung union approves compensation deal, averting chip plant strike appeared first on Crypto Briefing.
Samsung's compensation deal ensures workforce stability, mitigates financial risks, and highlights strategic profit-sharing to maintain competitiveness. The post Samsung union approves compensation deal, averting chip plant strike appeared first on Crypto Briefing.
TSMC's price hikes could reshape the chip industry, potentially boosting competitors like Intel and Samsung if they offer lower prices. The post Taiwan Semiconductor plans 15% price hike for 3nm chips in H2 2026 appeared first on Crypto Briefing.