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Global memory chip shortage drives device price hikes amid AI boom

A severe shortage of memory chips is rippling through global supply chains, pushing up prices for computers and smartphones as demand from artificial intelligence (AI) applications far outpaces production capacity. Chipmakers have warned that the supply squeeze could extend well beyond 2026, leaving......

Global stock markets rebound as Fed signals rate cut may be near

World equity markets surged at the start of the week as investors welcomed signals from the Federal Reserve that another interest rate cut could arrive as soon as December. Stocks in Asia-Pacific bounced back strongly on Monday after a volatile period, with South Korea’s Kospi advancing 1.13 percent......

Asia-Pacific markets fall on tech sell-off and fears of AI bubble

Asian stock markets declined sharply amid growing investor concerns over inflated valuations in the technology sector, particularly related to artificial intelligence (AI). Japan's Nikkei 225 dropped nearly 1.8%, closing just below......

South Korea triples AI investment to $6.8 billion in 2026 budget

South Korean President Lee Jae-myung announced on Tuesday a threefold increase in funding for artificial intelligence (AI) in the 2026 budget, marking what he called the country's "entry into the AI era." The government plans to allocate 10.1 trillion won ($6.85 billion) to......

Breakthroughs in battery technology promise to double electric vehicle range

American and German researchers are advancing battery technology with groundbreaking developments in high-energy-density solutions, including solid-state and lithium-sulfur batteries, which promise to significantly extend the range of electric vehicles (EVs). These innovations could double or even triple......

Samsung now displays ads on its $2,000+ smart refrigerators

A new kind of advertisement has entered the kitchen. This week, Samsung began rolling out a software update in the United States that introduces ads on the touchscreens of its Family Hub smart refrigerators, which cost more than $2,000. Owners of these high-end models were surprised to find a banner......

Micron shares surge as SK Hynix predicts prolonged memory chip supercycle

Micron Technology's stock jumped in pre-market trading on Wednesday, October 29, following optimistic projections from its competitor SK Hynix regarding a sustained "supercycle" in memory chips driven by rising demand for artificial intelligence (AI). The South Korean memory chipmaker’s......

AI boom drives global memory chip shortage and rising prices

A surge in artificial intelligence (AI) investments has triggered a global shortage of conventional memory chips, disrupting supply chains and driving up prices across the tech industry. The shift to high-bandwidth memory (HBM) chips, critical for AI workloads, has left manufacturers struggling to meet......

Samsung unveils AI-powered home innovations at IFA Berlin, shaping the future of smart living

Samsung Electronics has redefined the concept of connected homes with its groundbreaking presentation at IFA 2025 in Berlin. Under the theme “AI Home: Future, Living, Now,” the company unveiled an ecosystem where artificial intelligence transforms smart living into a seamless, adaptive, and......