Samsung Electronics averts 18-day strike with tentative wage deal

Samsung's labor peace boosts investor confidence, crucially supporting its AI chip strategy amid fierce competition and market dynamics. The post Samsung Electronics shares surge 8% as strike averted with $416,000 bonuses appeared first on Crypto Briefing.

Nvidia's dominance in AI hardware could stifle competition, impacting decentralized networks and challenging rivals like AMD and Intel. The post Nvidia CEO Jensen Huang predicts $200B market for Vera CPU in AI agents appeared first on Crypto Briefing.

Ark Invest's aggressive acquisition of Cerebras shares signals a strong belief in AI hardware's transformative potential for future tech landscapes. The post Cathie Wood’s Ark Invest buys 82,779 shares of Cerebras in latest AI hardware bet appeared first on Crypto Briefing.

Hyperscalers' AI hardware investments hinge on bond market conditions, potentially driving innovation in custom silicon and supplier diversification. The post Nvidia says hyperscalers will keep spending on AI hardware as long as the bond market cooperates appeared first on Crypto Briefing.

Tether has acquired SoftBank’s entire stake in Twenty One Capital, the Bitcoin treasury company co-founded by Jack Mallers, and is now pushing a broader merger plan involving Strike and Elektron Energy. Tether has moved to absorb all of SoftBank’s ownership…

Nearly 48,000 workers are threatening an 18-day walkout amid fears of global memory chip shortages South Korean memory chip maker Samsung Electronics is facing its worst-ever strike, with nearly 48,000 workers threatening to walk off production lines on Thursday for 18 days over a dispute about bonus payouts. Here are key things to know: Continue reading...

A prolonged strike at Samsung could severely disrupt global tech supply chains, impact market stability, and alter future labor negotiations. The post Samsung Electronics and union hold last-ditch talks to avert strike threatening global supply chains appeared first on Crypto Briefing.

A strike at Samsung could disrupt global chip supply chains, impacting tech industries and financial markets, while testing government influence. The post Samsung Electronics and union resume talks to avert strike amid government pressure appeared first on Crypto Briefing.