Funding & Business
Samsung Posts First Profit Drop Since 2023 After AI Chip Delays
Samsung Electronics Co.’s profit shrank more than expected after encountering hiccups in plans to sell cutting-edge AI memory to Nvidia Corp.
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Stonepeak Partners is in talks to invest in data center operator Princeton Digital Group, people familiar with the matter said, as the US infrastructure investor seeks to build up its presence in Asia Pacific.
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China’s Zhejiang Huayou Cobalt Co. Ltd expects to report record half-year earnings, as it ramps up nickel projects in Indonesia and enjoys the tailwind from rising cobalt prices.
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Iron ore fluctuated as US President Donald Trump signaled he was open to more negotiations after he unveiled his first wave of letters threatening to impose higher tariffs.
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