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Samsung and TSMC shares have increased as demand for AI-related chips grows. The gains have affected stock markets in South Korea and Taiwan.
techcentral.co.zaSamsung and TSMC shares have increased as demand for AI-related chips grows. The gains have affected stock markets in South Korea and Taiwan.
The two companies reported higher revenue from semiconductor sales. Officials in both countries noted the rise in orders for advanced chips used in AI systems. Market data showed gains in major indexes in Seoul and Taipei. The increases followed reports of higher production targets at the companies.
The stock gains have prompted questions about how the benefits are distributed. Government officials in South Korea and Taiwan have discussed the impact on local economies. Analysts have examined whether smaller firms and workers are seeing similar gains. The discussion continues as companies expand production capacity.
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news.sky.comThe European Commission is reviewing expert recommendations for phased restrictions on children's social media access. President Ursula von der Leyen said new legislation could be proposed after the summer.
The European Union sanctioned nine people and four entities on July 13, 2026. Britain sanctioned 24 people and entities the same day over a network active since 2010.
globalnews.caTwenty-two member states pledged 30 to 35 gigawatts of new capacity by 2028 under the bloc's first tripartite deal. The European Commission will oversee annual progress tracking through 2028 as part of the Affordable Energy Plan.