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Exclusive-At Samsung, the global AI boom spurred a looming strike and deep divisions

Exclusive-At Samsung, the global AI boom spurred a looming strike and deep divisions

By Hyunjoo Jin SEOUL, May 15 (Reuters) - A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom?
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Samsung's South Korean union sticks to strike plan after talks offer; shares slide

Samsung's South Korean union sticks to strike plan after talks offer; shares slide

By Heekyong Yang and Hyunjoo Jin SEOUL, May 15 (Reuters) - Samsung Electronics' South Korean labour union said on Friday it remained committed to a planned strike starting next week, even after the company proposed resuming pay talks without conditions, sending shares down as much as 5.9%.
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Arm Holdings to face US antitrust probe over chip tech, Bloomberg News reports

Arm Holdings to face US antitrust probe over chip tech, Bloomberg News reports

May 15 (Reuters) - Arm Holdings faces an antitrust probe by the U.S. Federal Trade Commission over the British chip designer's licensing of its semiconductor technology, part of global scrutiny of the business, Bloomberg News reported on Friday.
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SK Hynix Emerges as a Trillion-Dollar Contender Amid AI Chip Demand Surge

SK Hynix Emerges as a Trillion-Dollar Contender Amid AI Chip Demand Surge

SK Hynix Emerges as a Trillion-Dollar Contender Amid AI Chip Demand Surge
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Asian Tech Companies Benefit from Global AI Investment Surge

Asian Tech Companies Benefit from Global AI Investment Surge

Asian Tech Companies Benefit from Global AI Investment Surge
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Morning Bid: A bad case of the bond blues

Morning Bid: A bad case of the bond blues

By Anna Szymanski May 15 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! The long-awaited summit between U.S.
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Samsung Electronics fails to reach deal with union; PM says strike must be averted

Samsung Electronics fails to reach deal with union; PM says strike must be averted

By Hyunjoo Jin and Heekyong Yang SEOUL, May 13 (Reuters) - Samsung Electronics and its union failed to reach a pay deal on Wednesday, heightening the risk of a long strike that threatens not only chip production and the semiconductor giant's standing, but also the health of the export-reliant South
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Samsung Electronics urges union to resume talks as strike threat looms

Samsung Electronics urges union to resume talks as strike threat looms

SEOUL, May 14 (Reuters) - Samsung Electronics on Thursday proposed that its South Korean labour union resume pay talks after government-mediated negotiations fell apart, a union leader said, citing a letter from the company.
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AI boom puts SK Hynix on the cusp $1 trillion market value

AI boom puts SK Hynix on the cusp $1 trillion market value

SEOUL, May 14 (Reuters) - SK Hynix is on the verge of topping a $1 trillion market value, just weeks after Samsung Electronics crossed the milestone, as strong demand for artificial intelligence places South Korea at the heart of Asia's AI boom.
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Morning Bid: Locked in a stalemate with Iran, Trump heads to China

Morning Bid: Locked in a stalemate with Iran, Trump heads to China

A look at the day ahead in European and global markets from Gregor Stuart Hunter With the conflict in the Middle East still mired in a stalemate, Donald Trump is on his way to Beijing to see if Chinese President Xi Jinping proves more amenable to a deal.
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Nvidia CEO joins Trump's mission to 'open up' China

Nvidia CEO joins Trump's mission to 'open up' China

By Laurie Chen, Trevor Hunnicutt and Heejin Kim BEIJING/SEOUL, May 13 (Reuters) - U.S.
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Wall Street is mixed following another discouraging inflation report and a recovery for tech stocks

Wall Street is mixed following another discouraging inflation report and a recovery for tech stocks

Wall Street is drifting in mixed trading after another discouraging update on inflation and a recovery for technology stocks