Nokia reported a 32% drop in Q2 operating profit due to sluggish 5G equipment demand, yet expects improvement later. Operating profit dropped to 423 million euros…
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Samsung Electronics estimated Friday a 15-fold rise in Q2 operating profit due to rebounding semiconductor prices from the AI boom. Samsung, the top memory chip, smartphone,…
European banking executives assert that the rise in artificial intelligence will increase banks’ reliance on large US tech companies. Consequently, this poses new risks to the…