4 articles
The Philadelphia Semiconductor Index closes at an all-time high as Intel surges 10%, Lam Research jumps 8.7%, and AI infrastructure spending shows no signs of slowing.
By Emily Thompson
Samsung Electronics surges 7.5% as the company targets 800 million Gemini-powered mobile devices in 2026, doubling last year's deployment.
Brent crude fell to $61 on Friday, down 18% for the year. The IEA projects a 3.84 million bpd surplus in 2026, with prices potentially dropping to $55.
Nvidia stopped testing Intel's most advanced chip-making process, casting doubt on Intel's foundry turnaround as it seeks major customers beyond Microsoft and Amazon.