Samsung has hit some bumps in the road with its foundry business. Despite trying to catch up to TSMC, the company is struggling with poor yields, especially for its 3nm GAA wafers. Rumors swirled that Samsung might spin off its foundry and logic chip designing operations. But a Samsung executive has
Samsung is having a rough patch in the AI chip market, especially with its HBM segment. The company admitted it couldn't land a major client like NVIDIA. This delay, along with increased competition from rivals like SK hynix and TSMC, hurt Samsung's earnings. Samsung blames its late entry into the
FTX has officially received the green light from a bankruptcy court to start repaying its customers. The plan, approved on Monday, is set to use up to $16.5 billion in assets that the company managed to recover after its collapse. The court praised FTX for handling the complex bankruptcy process eff
After FTX crumbled in late 2022, many thought their money was gone forever. But recently, a court gave the thumbs-up on a whopping $14 billion U.S. dollars payback plan. This means creditors (people who lent money to FTX) are in for a nice surprise. They'll get all their money back—plus some extra!
Samsung has just made the Galaxy S24 FE available in India. This new Fan Edition phone comes with impressive features and a price tag that matches its predecessor. You can choose between 8GB of RAM with 128GB or 256GB of storage. The 8GB+256GB model costs slightly more, but comes with some great bon
Imagine buying a mid-range Samsung Galaxy phone and knowing that it will get software updates for six years. That's what Samsung has promised with their new policy, starting with the Galaxy A16 5G. This is big news for those who love to keep their phones up-to-date without breaking the bank. The Ga
Lately, some big names in the South Korean AI scene have been turning away from Samsung's foundry and towards Taiwan Semiconductor Manufacturing Company (TSMC). This change is happening because Samsung has hit a few bumps, especially with their 3nm technology. Take Furiosa AI for instance. They use
Samsung has been having a tough time in the semiconductor market, especially with its new 3nm GAA technology. This tech is supposed to be super advanced, but it’s not working as well as they hoped. In fact, it's causing them to lose customers and money. Industry experts think Samsung might lose arou
On Tuesday, Sept. 24, at 3 p.m. ET, Caroline Ellison will face sentencing in a New York court for her role in the FTX collapse. Ellison, formerly the CEO of Alameda Research and ex-girlfriend of Sam Bankman-Fried, pleaded guilty to seven counts of fraud after testifying against SBF. Despite potentia
In a twist of fate, two high-profile figures, Sean "Diddy" Combs and Sam Bankman-Fried, are currently sharing space at Brooklyn's Metropolitan Detention Center. Diddy, the music mogul, is facing serious federal charges for racketeering and sex trafficking, while SBF, the former crypto kingpin, was s
