France 24
International · 4 hrs ago
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Samsung Electronics reaches $1 trillion market cap thanks to surging demand for AI chips
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Samsung Electronics reached a $1 trillion market valuation due to strong demand for AI chips, while TotalEnergies warned it may remove fuel price caps if France implements a windfall tax on energy profits.
Samsung Electronics reaches $1 trillion market cap thanks to surging demand for AI chips
The world's largest maker of memory chips, South Korea's Samsung Electronics, has seen its valuation reach $1 trillion this Wednesday. The company's profits have soared thanks to strong demand for the chips used to power artificial intelligence systems. Also in this edition: French oil major TotalEnergies says it will have to scrap caps on fuel prices if it faces a windfall tax on its profits in France.
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